Everlon financials Limited has filed its mandatory yearly disclosure under SEBI takeover regulations for the financial year ended March 31, 2026. The disclosure was submitted to the Bombay Stock Exchange on April 1, 2026, ensuring compliance with regulatory requirements.

Promoter Group Holdings Declaration

The disclosure reveals key information about the promoter group's shareholding position as of March 31, 2026:

Managing Director Jitendra K. Vakharia, holding DIN 00047777, submitted the declaration on behalf of the entire promoter and promoter group. The disclosure specifically states that the promoter group collectively holds 46,17,437 shares, representing their substantial stake in the company.

Regulatory Compliance

The filing was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. This regulation mandates annual disclosures from promoters and promoter groups regarding their shareholding positions and any encumbrances created during the financial year.

Key compliance highlights include:

• No direct or indirect encumbrance of shares during FY26
• Timely submission to BSE on April 1, 2026
• Proper documentation with digital signatures
• Comprehensive declaration covering all promoter group entities

Company Information

Everlon Financials Limited, formerly known as Everlon Synthetics Limited, operates under CIN L65100MH1989PLC052747. The company is listed on BSE with company code 514358 and maintains its registered office at 607, Regent Chambers, 208, Nariman Point, Mumbai - 400021.

The disclosure demonstrates the company's commitment to maintaining transparency with stakeholders and adhering to SEBI's regulatory framework for substantial shareholding disclosures. The clean declaration with no encumbrances indicates stable promoter group participation in the company's equity structure.

Everlon Financials Limited announced its unaudited standalone financial results for the third quarter ended December 31, 2025, showing a significant deterioration in financial performance compared to the previous year. The company, formerly known as Everlon Synthetics Limited, operates as a registered NBFC with registration number N-13.02443.

Financial Performance Overview

The company's financial performance showed marked decline across key metrics during the quarter:

Revenue and Operational Metrics

Despite revenue from operations increasing to ₹227.52 lakhs in Q3FY26 from ₹138.71 lakhs in Q3FY25, the company faced operational challenges. Other income dropped to zero from ₹243.63 lakhs in the previous year quarter, resulting in total income of ₹227.52 lakhs compared to ₹382.34 lakhs in Q3FY25.

The company's revenue comprises trading in shares, dividend income, and interest on advances. Total expenses increased substantially to ₹329.36 lakhs from negative ₹311.57 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance

For the nine months ended December 31, 2025, the financial performance showed:

Expense Analysis

The company's expense structure revealed significant changes during the quarter. Purchase of stock-in-trade decreased to ₹62.76 lakhs from ₹331.70 lakhs in Q3FY25. However, changes in inventories resulted in an expense of ₹220.04 lakhs compared to a benefit of ₹666.63 lakhs in the previous year.

Finance costs increased substantially to ₹27.52 lakhs from ₹0.67 lakhs, while employee benefits expense remained relatively stable at ₹5.77 lakhs. Other expenses decreased to ₹11.88 lakhs from ₹14.50 lakhs in Q3FY25.

Corporate Governance and Compliance

The Board of Directors approved the unaudited financial results in their meeting held on February 10, 2026. The results were reviewed by the Audit Committee and received a limited review report from statutory auditors B.L. Dasharda & Associates. The company maintains its paid-up equity share capital at ₹620.00 lakhs with a face value of ₹10 per share.

As an NBFC with net worth less than ₹250 crores, the company continues to operate under regulatory oversight. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS 34) and SEBI listing regulations.