Jamshri Realty Limited has received an intimation regarding the transfer of 43,93,960 equity shares from its promoters to an immediate relative. Promoters Premratan Damani and Bimladevi Damani are gifting these shares to Rajesh Damani through an off-market transfer without consideration. The transaction is scheduled to occur on or after June 24, 2026.

The transfer falls under the exemption provided by Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As the acquirer is an immediate relative of the promoters, the transaction is exempt from making an open offer. The company has filed the necessary disclosures with the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Transfer

The shares are being transferred by way of a gift deed. Rajesh Damani, the acquirer, is the son of Premratan Damani and Bimladevi Damani. The rationale provided for the transfer is a private family arrangement out of love and affection. No consideration is involved in the transaction.

The following table outlines the specific shareholding changes resulting from this transfer:

Post-Transaction Shareholding

Following the completion of the transfer, the shareholding structure of the acquirer and the sellers will undergo significant changes. Rajesh Damani will hold a total of 43,93,960 shares, representing 62.89% of the total share capital of the company. Conversely, the shareholding of both promoters will reduce to nil.

The acquirer has declared that the transferors and transferees have complied and will comply with the applicable disclosure requirements in Chapter V of the SEBI SAST Regulations. The company confirmed that all conditions specified for the exemption under Regulation 10(1)(a)(i) have been duly complied with.

Jamshri Realty Limited has reported its audited financial results for the fourth quarter and fiscal year ended March 31, 2026. The company's board of directors approved the results during a meeting held on May 21, 2026.

For the full year, the company reported a net loss of ₹18.61 lacs, an improvement compared to the net loss of ₹123.80 lacs in the previous year. Total income for FY26 stood at ₹877.87 lacs, down from ₹905.46 lacs in FY25. Revenue from operations saw a marginal increase to ₹712.01 lacs from ₹703.12 lacs, while other income decreased to ₹165.86 lacs from ₹202.33 lacs.

Financial Performance

The company managed to reduce its total expenses to ₹891.72 lacs in FY26 from ₹1,061.68 lacs in the preceding year. Finance costs for the year amounted to ₹290.36 lacs, slightly lower than the ₹292.61 lacs recorded in FY25. Employee benefit expenses decreased to ₹242.58 lacs from ₹274.19 lacs.

In the quarter ended March 31, 2026, Jamshri Realty reported a net loss of ₹19.92 lacs. Total income for the quarter was ₹211.40 lacs, with revenue from operations at ₹151.74 lacs and other income at ₹59.66 lacs. Total expenses for the quarter were ₹241.57 lacs.

Balance Sheet and Cash Flows

As of March 31, 2026, the company's total assets stood at ₹5,654.95 lacs, compared to ₹5,228.78 lacs in the previous year. Non-current assets increased to ₹5,376.51 lacs, driven largely by capital work-in-progress which rose to ₹863.45 lacs from ₹692.81 lacs. Current assets decreased to ₹278.44 lacs from ₹343.37 lacs.

The company's cash and cash equivalents at the end of the year stood at ₹32.34 lacs, a decrease from ₹35.64 lacs in the prior year. The net decrease in cash and cash equivalents during the year was ₹3.30 lacs.

Segment Reporting

The company identified two reportable segments: Property & Related Services and Hospitality Services. For the year ended March 31, 2026, Property & Related Services reported segment revenue of ₹485.71 lacs, while Hospitality Services reported revenue of ₹325.16 lacs. The total segment assets were reported at ₹4,396.71 lacs.