Chandhrasekharan Venkatachalam Thirupathi, a promoter of Emerald Tyre Manufacturers Limited , has increased his stake in the company by acquiring 25,200 shares. The transaction was executed via the open market, raising the promoter's total holding to 35.36% of the total paid-up share capital. The acquisition was disclosed to the National Stock Exchange of India Limited on June 18, 2026, in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the acquisition, Thirupathi held 68,01,948 shares carrying voting rights, representing 34.92% of the company's total share capital. Additionally, he held 70,000 shares under encumbrance, amounting to 0.36% of the capital. The recent purchase of 25,200 shares, accounting for 0.13% of the total voting capital, has adjusted his overall position.

Following the transaction, Thirupathi's holding of shares carrying voting rights stands at 68,27,148. The total equity share capital of Emerald Tyre Manufacturers Limited remains unchanged at ₹19,47,65,120, comprising 1,94,76,512 equity shares of ₹10 each. The total diluted share capital also remains at this level.

The table below details the changes in the promoter's shareholding pattern:

The disclosure confirms that the acquirer belongs to the promoter and promoter group of Emerald Tyre Manufacturers Limited. The company's equity shares are listed on the National Stock Exchange of India Limited.

Emerald Tyre Manufacturers Limited reported a decline in net profit for the financial year ended March 31, 2026, despite an increase in total income from operations. The company released its standalone and consolidated audited financial results for the half year and full year on May 26, 2026, following a board meeting held on May 25, 2026.

For the standalone financial results for the year ended March 31, 2026, total income from operations rose to ₹20,292.95 lakh from ₹18,186.80 lakh in the previous year. However, net profit after tax for the period fell to ₹873.93 lakh from ₹932.63 lakh in the prior year. The basic and diluted earnings per share (EPS) for the year stood at ₹4.49, compared to ₹5.83 in the previous year.

The consolidated financial results followed a similar trend. Total income for the year increased to ₹21,815.96 lakh from ₹19,946.80 lakh. Net profit after tax for the consolidated entity decreased to ₹1,032.50 lakh from ₹1,043.34 lakh in the corresponding period last year. The consolidated basic and diluted EPS for the year was ₹5.30, down from ₹6.52 in the previous year.

Financial Performance Summary

The following table outlines the key financial metrics for the standalone and consolidated results for the year ended March 31, 2026:

Reserves excluding revaluation reserves for the standalone entity stood at ₹10,765.32 lakh as of March 31, 2026, compared to ₹10,086.15 lakh in the previous year. For the consolidated entity, reserves were reported at ₹9,589.71 lakh, up from ₹8,983.84 lakh in the prior year. The paid-up equity share capital remained constant at ₹1,947.65 lakh for the standalone results and ₹1,947.65 lakh for the consolidated results for the year ended March 31, 2026.