Jay Shree Tea & Industries promoter and Chairperson Mrs. Jayashree Mohta acquired a significant block of equity shares in the open market on August 17, 2026. The acquisition brings her total aggregate stake in the Kolkata-based tea company to nearly 30%, signaling continued promoter confidence in the business.

Mohta purchased 1,263,485 equity shares, representing a 4.38% increase in the company’s total voting capital. The transaction was executed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India. The total value of the acquisition was ₹111,796,211.70.

Shareholding Pattern Changes

The open market purchase significantly alters Mohta’s direct exposure in the firm while leaving her indirect holdings unchanged. Prior to this transaction, she held 1,105,770 equity shares directly, accounting for 3.83% of the total share capital. Post-acquisition, her direct holding rises to 2,369,255 shares, or 8.20%.

Her indirect holding through JPM Merchandise Agencies Limited remains static at 6,114,108 equity shares (21.17%). Consequently, her total aggregate holding increases from 7,219,878 shares (25.00%) to 8,483,363 shares, representing 29.37% of the total voting equity capital.

The company’s total voting equity capital remains unchanged at 2,88,77,488 equity shares of ₹5 each, with a total face value of ₹14,43,87,440.

Regulatory Disclosures

The acquisition falls under Regulation 3(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, commonly known as creeping acquisition. The transaction crossed the financial materiality thresholds prescribed under Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additionally, the requisite disclosure in Form ‘C’ under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, was filed. The company issued the intimation to the stock exchanges on August 18, 2026, pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI LODR Regulations. The disclosure was filed by R.K. Ganeriwala, President and Secretary of the company.

Jay Shree Tea & Industries Limited reported a narrowed standalone net loss of ₹6.18 lakh for the quarter ended June 30, 2026 (Q1FY27), compared to a net loss of ₹94.3 lakh in the corresponding period of FY25. The improvement was driven by an 8.6% year-on-year rise in revenue from operations, which reached ₹203.00 crore. Consolidated results mirrored this trend, with the group reporting a net loss of ₹59.4 lakh, down from ₹89.8 lakh in Q1FY25.

The Board of Directors approved the unaudited financial results during their meeting held on August 13, 2026. The figures have been subjected to a limited review by the statutory auditors, Singhi & Co., Chartered Accountants.

Segment Performance

The company’s diversified portfolio showed varying degrees of performance across its core segments. The P&K Fertilisers business emerged as the primary growth engine, while the Sugar segment faced headwinds.

Tea segment revenue grew nearly 20% YoY to ₹98.88 crore, contributing a segment result of ₹10.30 crore, compared to ₹21.6 lakh in Q1FY26. The P&K Fertilisers segment saw a dramatic surge in revenue, more than doubling to ₹34.01 crore from ₹12.62 crore, though it reported a minor loss of ₹0.41 lakh. Conversely, the Sugar segment contracted significantly, with revenue falling 23.6% to ₹70.11 crore and posting a loss of ₹3.10 crore.

What the Numbers Show

A notable divergence exists between the top-line growth and the bottom-line profitability. While total revenue increased by 8.6%, the company continues to operate at a pre-tax loss of ₹61.8 lakh. This indicates that cost structures, particularly employee benefits (₹73.74 crore) and finance costs (₹10.14 crore), are absorbing the gains from higher sales volumes. The Tea segment remains the sole profit center, contributing positively to the segment result, while both Sugar and P&K Fertilisers dragged on overall profitability despite the latter’s revenue surge.

Auditor’s Qualified Conclusion

Singhi & Co. issued a qualified conclusion on the quarterly financial results. The auditors drew attention to Note 3 of the statement, which discloses that the company did not ascertain or provide for income tax liability (current and deferred) for the quarter. The auditors stated this practice is not in accordance with Indian Accounting Standard (Ind AS) 12, "Income Taxes." Consequently, they were unable to comment on the impact of this non-provisioning on the standalone and consolidated financial results.

The company cited the seasonal nature of its tea and sugar industries as the reason for not estimating taxable profit for the year, stating that current and deferred tax provisions would be made at year-end.