Gloster Limited Reports Promoter Share Acquisition by The Oriental Company Limited

1 min read     Updated on 01 Apr 2026, 03:55 AM
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Radhika SScanX News Team
AI Summary

Gloster Limited disclosed that promoter group member The Oriental Company Limited acquired 5,885 equity shares worth ₹30.84 lakh through on-market purchases between March 25-30, 2026. The transactions increased The Oriental Company Limited's shareholding from 11.04% to 11.06%. The disclosure was made in compliance with SEBI insider trading regulations.

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Gloster Limited has informed stock exchanges about equity share acquisitions by its promoter group member, The Oriental Company Limited, in compliance with SEBI insider trading regulations. The disclosure, dated March 31, 2026, details multiple on-market purchase transactions executed between March 25-30, 2026.

Share Acquisition Details

The Oriental Company Limited completed three separate purchase transactions during the reporting period:

Transaction Date Shares Acquired Value (₹) Pre-Transaction Holding Post-Transaction Holding
March 25, 2026 1,307 6,87,202 12,08,012 (11.04%) 12,09,319 (11.04%)
March 27, 2026 1,311 6,88,305 12,09,319 (11.04%) 12,10,360 (11.04%)
March 30, 2026 3,267 17,08,993 12,10,360 (11.04%) 12,13,627 (11.06%)

Transaction Summary

The cumulative acquisition involved 5,885 equity shares with a total transaction value of ₹30.84 lakh. All purchases were executed through on-market transactions on both NSE and BSE exchanges. The Oriental Company Limited's shareholding in Gloster Limited increased from 11.04% to 11.06% following these transactions.

Regulatory Compliance

Gloster Limited filed the mandatory disclosure under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company submitted Form C detailing the change in holding of securities by the promoter group member. Company Secretary Ayan Datta signed the compliance document on behalf of Gloster Limited.

Company Information

Parameter Details
Promoter Entity The Oriental Company Limited
CIN U67120WB1935PLC094079
Address 21 Strand Road, Kolkata - 700001
Transaction Mode On Market (NSE & BSE)

The Oriental Company Limited, incorporated in 1935, maintains its registered office at the same address as Gloster Limited in Kolkata. The entity is classified as a member of the promoter group under SEBI regulations and continues to hold a significant stake in the jute manufacturing company.

Historical Stock Returns for Gloster

1 Day5 Days1 Month6 Months1 Year5 Years
-1.47%+0.95%-5.69%-18.74%-9.91%-42.22%

What strategic initiatives might Gloster Limited be planning that prompted The Oriental Company Limited to increase its stake at this time?

Will The Oriental Company Limited continue accumulating shares to reach the 12% threshold that would trigger additional disclosure requirements?

How might this increased promoter confidence impact Gloster's expansion plans in the jute manufacturing sector?

Gloster Reports Q3 Consolidated Net Loss of ₹7.4 Million Despite Revenue Doubling to ₹3.8 Billion

1 min read     Updated on 04 Feb 2026, 03:15 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Gloster reported a consolidated net loss of ₹7.4 million in Q3 compared to a profit of ₹8.3 million in the same quarter last year. Despite this profitability challenge, the company achieved remarkable revenue growth, with quarterly revenue more than doubling to ₹3.8 billion from ₹1.78 billion year-on-year, representing over 113% growth.

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Gloster has reported contrasting financial performance for the third quarter, with the company experiencing a shift from profitability to losses despite achieving substantial revenue growth. The results highlight the complex dynamics affecting the company's operations during this period.

Financial Performance Overview

The company's financial metrics for the third quarter present a mixed picture of operational performance:

Metric Q3 Current Year Q3 Previous Year Change
Consolidated Net Result Loss of ₹7.4 million Profit of ₹8.3 million Swing to loss
Revenue ₹3.8 billion ₹1.78 billion +113.48%

Revenue Growth Analysis

The company demonstrated remarkable top-line expansion with revenue reaching ₹3.8 billion in the third quarter, representing more than a doubling from ₹1.78 billion in the corresponding quarter of the previous year. This substantial revenue increase of over 113% indicates significant business growth and market expansion activities.

Profitability Concerns

Despite the strong revenue performance, Gloster faced profitability challenges during the quarter. The company reported a consolidated net loss of ₹7.4 million, marking a significant shift from the ₹8.3 million profit recorded in the same quarter last year. This swing from profit to loss suggests that the revenue growth came with increased operational costs or other financial pressures that impacted the bottom line.

Performance Assessment

The third quarter results reflect a period of significant business transformation for Gloster, characterized by substantial revenue expansion accompanied by profitability pressures. The dramatic increase in revenue indicates strong market demand and successful business development initiatives, while the shift to losses highlights the operational challenges associated with rapid growth phases.

Historical Stock Returns for Gloster

1 Day5 Days1 Month6 Months1 Year5 Years
-1.47%+0.95%-5.69%-18.74%-9.91%-42.22%

More News on Gloster

1 Year Returns:-9.91%