Hariyana Ventures Limited disclosed that Krishanu Harish Agrawal, a member of its promoter group, has acquired 20,750 equity shares in the company. The acquisition, executed via an off-market transaction on August 4, 2026, increases Agrawal’s stake to 3.57% of the total voting capital. This move signals continued confidence from the promoter group in the company’s long-term prospects, as Agrawal moved from a zero-holding position to a significant minority stake in a single transaction.

The disclosure was filed with BSE Limited on August 6, 2026, complying with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Harish Gangaram Agrawal, Managing Director of Hariyana Ventures Limited, signed the submission, confirming the receipt of the disclosure from Krishanu Harish Agrawal.

Transaction Details

The acquisition was conducted entirely off-market, meaning it did not occur through open market purchases or public issues. Prior to this transaction, Krishanu Harish Agrawal held no shares carrying voting rights in Hariyana Ventures Limited. The total equity share capital of the company remains unchanged at ₹58,05,000, comprising 5,80,500 equity shares of ₹10 each.

Regulatory Compliance

The filing confirms that there are no encumbrances, pledges, liens, or non-disposal undertakings associated with the newly acquired shares. Additionally, there are no warrants, convertible securities, or other instruments entitling the acquirer to receive further shares carrying voting rights. The total diluted share/voting capital of the company remains at ₹58,05,000 post-acquisition.

What the Numbers Show

The acquisition represents a concentrated entry into the company’s equity structure by a promoter group member. With a total outstanding share capital of only 5,80,500 shares, the purchase of 20,750 shares constitutes a material percentage of the float. The absence of encumbrances suggests these shares are held for investment purposes rather than as collateral for debt. Given the small size of the total share capital, such promoter-level acquisitions can have a notable impact on the free-float market capitalization and voting dynamics within the company.

Hariyana Ventures reported a narrowed net loss of ₹4.18 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹5.10 lakh in the same period last year. The Nagpur-based trading firm recorded nil revenue from operations for the third consecutive quarter, with total income restricted to ₹1.43 lakh from other income sources. This performance reflects a continued absence of core trading activity, as the company operates solely in the iron and steel segment.

The Board of Directors, led by Managing Director Harish Gangaram Agrawal, approved the unaudited standalone financial results on July 29, 2026. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors Manish N. Jain & Co., Chartered Accountants. The filing complies with Regulations 30, 33, and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was published in newspapers on July 30, 2026.

Financial Performance

The company’s total income stood at ₹1.43 lakh in Q1FY27, a significant decline from ₹60.03 lakh in Q4FY26, which included ₹57.00 lakh in revenue from operations. In Q1FY27, revenue from operations was nil, while other income contributed ₹1.43 lakh. Total expenses amounted to ₹7.03 lakh, primarily driven by other expenses of ₹6.10 lakh and depreciation and amortization of ₹0.92 lakh. Finance costs were minimal at ₹0.01 lakh.

The profit before tax stood at a loss of ₹5.59 lakh, improved by a deferred tax benefit of ₹1.41 lakh to arrive at the net loss of ₹4.18 lakh. For the full fiscal year FY27, the company reported a net profit of ₹44.63 lakh, driven largely by the strong performance in Q4FY26.

What the Numbers Show

The financial data reveals a stark divergence between operational activity and profitability drivers. While the full-year FY27 showed a net profit of ₹44.63 lakh, this was almost entirely attributable to the fourth quarter, which saw ₹57.00 lakh in revenue. The first three quarters of FY27, including Q1FY27, generated no operational revenue.

Furthermore, the company’s comprehensive income picture is significantly influenced by fair value gains on equity investments. In Q1FY27, the net fair value gain on equity instruments through Other Comprehensive Income (OCI) was ₹0.22 lakh, compared to a massive gain of ₹36.44 lakh in Q1FY26. This suggests that while operational trading has stalled, investment portfolio movements continue to impact the broader financial position, albeit at a much lower magnitude than seen in the prior year.