Isisales India Private Limited has reduced its shareholding in India Homes Limited through an off-market disposal of equity shares. The transaction, conducted on June 5 and June 8, 2026, involved the sale of 1,232,605 shares carrying voting rights. This sale impacts the promoter group's overall stake in the target company, which is listed on the BSE.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the transaction, Isisales India Private Limited held 11,200,400 shares, representing a 2.814% stake in the company's total paid-up share capital. Following the disposal, the entity's holding has decreased to 9,967,795 shares, which corresponds to a 2.504% shareholding.

The total equity share capital and total voting capital of India Homes Limited remained unchanged at 398,080,925 shares before and after the transaction. While Isisales India Private Limited reduced its exposure, other promoters within the group maintained their existing shareholding levels throughout the period.

The following table details the shareholding changes for Isisales India Private Limited and the aggregate promoter group:

Other key promoter entities, including Yeotmal Land Development & Trading Co (P) Ltd, Isiworld Steels Pvt Ltd, and Isimetals (India) Pvt Ltd, saw no change in their respective holdings. India Steel International Pvt Ltd continues to hold 39,099,467 shares, of which 13,524,900 equity shares remain pledged. The total promoter group holding, inclusive of Isisales India Private Limited and other entities, now stands at 138,493,561 shares.

India Homes Limited has revised the outcome of its Board Meeting held on May 15, 2026, to correct the tenure of the appointment of its statutory auditor. The company initially reported a five-year term but has clarified that the appointment is for a term of one year, subject to shareholder approval at the ensuing Annual General Meeting. The revised submission was filed with BSE Limited on May 18, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board approved the appointment of M/s. CGCA & Associates LLP, Chartered Accountants (FRN: 123393W/W100755), as Statutory Auditors for a term of one year effective from the conclusion of the 39th Annual General Meeting to the conclusion of the 40th Annual General Meeting. Additionally, the Board appointed M/s. KSCA & Associates LLP, Chartered Accountants, as the internal auditor for the financial year 2026-27 and approved the formation of a risk management committee comprising Mr. R D Ranjan, Mr. Varun S. Gupta, and Mr. Siddharth S. Gupta.

Alongside the corporate governance updates, the company released its audited standalone financial results for the quarter and year ended March 31, 2026. India Homes Limited reported a significant financial turnaround, with a Profit After Tax of ₹22.85 crores for the quarter and ₹18.66 crores for the full year, compared to a loss of ₹13.39 crores in the previous year. Revenue from operations for FY26 stood at ₹24.50 crores, a sharp increase from ₹0.01 crores in FY25, driven primarily by real estate activities.

The following table summarises the audited standalone financial performance for the year:

The financial statements were accompanied by an independent auditor's report that included a disclaimer of opinion. The auditors cited significant issues, including the inaccessibility of the primary accounting software (SAP), non-compliance with inventory valuation standards (Ind AS 2), and material weaknesses in internal financial controls over financial reporting. Despite these qualifications, the company's balance sheet reflects a total asset base of ₹3,971.38 crores as of March 31, 2026.