Ganges Securities Pays Rs 1,00,000 Fine to BSE for Delayed Compliance Officer Appointment

1 min read     Updated on 20 Mar 2026, 04:00 PM
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Ganges Securities Limited disclosed payment of Rs 1,00,000 fine plus GST to BSE Limited for delayed Compliance Officer appointment. The penalty was communicated by BSE on March 19, 2026, and has been paid by the company. The company stated this fine will not materially impact its operations beyond the penalty amount, with the disclosure made under SEBI Regulation 30.

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Ganges Securities Limited has paid a regulatory fine of Rs 1,00,000 to BSE Limited for the delayed appointment of a Compliance Officer, according to a disclosure made under SEBI regulations.

Regulatory Fine Details

The company received an intimation from BSE Limited on March 19, 2026, at 05:39 pm, directing it to pay the penalty. The fine structure and company's response are outlined below:

Parameter: Details
Fine Amount: Rs 1,00,000 plus GST
Reason: Delayed appointment of Compliance Officer
Communication Date: March 19, 2026
Payment Status: Completed

Company's Position

Ganges Securities Limited has clarified that this regulatory penalty will not materially impact the company's financial, operational, or other activities except to the extent of the fine levied. The company has already settled the payment of the imposed fine.

Regulatory Compliance Context

This disclosure follows previous correspondence between the company and the exchange, with earlier letters dated May 29, 2024, and August 22, 2024. The company made this announcement pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Information

The disclosure was signed by Vijaya Agarwala, Company Secretary (ACS 38658), on March 20, 2026. Ganges Securities Limited is incorporated under CIN L74120UP2015PLC069869 with its registered office located at P.O. Hargaon, District Sitapur, Uttar Pradesh.

Historical Stock Returns for Ganges Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+1.55%+1.02%-9.42%-25.12%-20.54%+86.02%

Will BSE implement stricter monitoring mechanisms for compliance officer appointments across all listed securities firms?

How might this regulatory action affect Ganges Securities' ability to secure new business partnerships or client acquisitions?

Could this compliance lapse trigger additional scrutiny from other regulatory bodies like SEBI or NSE?

Ganges Securities Q3FY26 Results: Net Profit Declines 4.4% YoY to ₹101.60 Lakhs

2 min read     Updated on 11 Feb 2026, 05:09 PM
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Ganges Securities Limited reported Q3FY26 standalone net profit of ₹101.60 lakhs, down 4.4% from ₹106.27 lakhs in Q3FY25, while revenue declined 2.7% to ₹177.35 lakhs. However, nine-month standalone performance showed improvement with net profit rising 5.2% to ₹467.37 lakhs. Consolidated results demonstrated stronger quarterly performance with net profit of ₹145.76 lakhs versus ₹79.60 lakhs in Q3FY25, despite revenue decline in the tea business segment. The company operates through investing business and tea operations via subsidiary Cinnatolliah Tea Limited.

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Ganges Securities Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance across its standalone and consolidated operations. The company, engaged in investing business and tea operations through its subsidiary, reported results that reflect varying trends in its different business segments.

Standalone Financial Performance

The company's standalone operations showed a modest decline in profitability for Q3FY26. Key financial metrics demonstrated the following performance:

Metric Q3FY26 Q3FY25 Change (%)
Revenue from Operations ₹177.35 lakhs ₹182.26 lakhs -2.7%
Net Profit After Tax ₹101.60 lakhs ₹106.27 lakhs -4.4%
Total Income ₹184.98 lakhs ₹188.51 lakhs -1.9%
Total Expenses ₹49.57 lakhs ₹45.23 lakhs +9.6%

Revenue composition included interest income of ₹60.16 lakhs and dividend income of ₹117.19 lakhs for Q3FY26. The company maintained its earnings per share at ₹1.02 compared to ₹1.06 in the previous year quarter.

Nine-Month Performance Shows Growth

Despite the quarterly decline, the nine-month period ending December 31, 2025 demonstrated positive momentum for standalone operations:

Parameter Nine Months FY26 Nine Months FY25 Growth (%)
Total Revenue ₹743.50 lakhs ₹727.46 lakhs +2.2%
Net Profit ₹467.37 lakhs ₹444.09 lakhs +5.2%
Earnings per Share ₹4.67 ₹4.44 +5.2%

The nine-month results indicate sustained business performance with improved profitability metrics compared to the corresponding period in the previous financial year.

Consolidated Results Reflect Diversified Operations

The consolidated financial results, which include the tea business through subsidiary Cinnatolliah Tea Limited, showed significantly different performance patterns:

Metric Q3FY26 Consolidated Q3FY25 Consolidated Change (%)
Total Revenue ₹1,124.25 lakhs ₹1,310.40 lakhs -14.2%
Net Profit ₹145.76 lakhs ₹79.60 lakhs +83.1%
Tea Business Revenue ₹947.15 lakhs ₹1,103.02 lakhs -14.1%

The consolidated nine-month net profit reached ₹539.53 lakhs compared to ₹877.27 lakhs in the previous year, reflecting the impact of operational challenges in the tea segment.

Segment-wise Analysis

The company operates through two primary business segments with distinct performance characteristics:

Investing Business Segment:

  • Q3FY26 revenue: ₹177.10 lakhs
  • Segment profit: ₹148.23 lakhs
  • Nine-month revenue: ₹634.24 lakhs

Tea Business Segment:

  • Q3FY26 revenue: ₹947.15 lakhs
  • Segment profit: ₹74.12 lakhs
  • Nine-month revenue: ₹2,676.55 lakhs

Other Comprehensive Income Impact

Both standalone and consolidated results were significantly affected by other comprehensive income movements, primarily related to items that will not be reclassified to profit or loss. The standalone other comprehensive loss of ₹3,490.48 lakhs in Q3FY26 resulted in total comprehensive loss of ₹3,388.88 lakhs despite the operational profit.

Corporate Governance and Compliance

The Board of Directors approved these unaudited financial results at their meeting held on February 11, 2026. The results have undergone limited review by statutory auditors J K V S & C O, Chartered Accountants, and comply with Indian Accounting Standards and SEBI listing regulations. The company maintains its paid-up equity share capital at ₹1,000.37 lakhs with a face value of ₹10 per share.

Historical Stock Returns for Ganges Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+1.55%+1.02%-9.42%-25.12%-20.54%+86.02%

More News on Ganges Securities

1 Year Returns:-20.54%