Kothari Products Limited has filed a comprehensive disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding an inter-se transfer of 200,000 equity shares from Deepak Kothari to Mitesh Kothari. The regulatory filing, submitted to both BSE and NSE on March 28, 2026, provides detailed information about the internal shareholding restructuring within the promoter family.

Transaction Overview

The share transfer transaction involved Mitesh Kothari acquiring 200,000 equity shares from Deepak Kothari through inter-se transfer on March 27, 2026. The acquisition was executed under the exemption provisions of SEBI (SAST) Regulations, 2011, maintaining the overall promoter group stake while redistributing ownership among family members.

Detailed Shareholding Changes

According to the SEBI regulatory disclosure format, the transaction resulted in specific changes to the promoter group holdings. Deepak Kothari, acting as the seller, transferred 200,000 equity shares representing 0.34% of the paid-up equity share capital to Mitesh Kothari, who acquired the shares as part of the internal promoter group restructuring.

Complete Promoter Group Structure

The SEBI disclosure reveals the comprehensive promoter group composition, including all persons acting in concert (PAC). The promoter group includes Deepak Kothari as the primary promoter, along with Arti Kothari, Mitesh Kothari, Mitesh Kothari HUF, Urvi Kothari, Sadhna V. Kothari, and Chirag Dilip Shah as PAC members.

Regulatory Compliance and Capital Structure

The company has ensured full compliance with SEBI regulations by filing the necessary disclosures under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The disclosure confirms that all required notifications were made within the prescribed timeline. The total promoter group holding remains unchanged at 44,760,310 shares, representing 74.99% of the company's total share capital. The equity share capital of the company stands at Rs. 59,68,77,300, demonstrating that this transaction represents internal portfolio optimization within the promoter group rather than any change in overall control structure. The shares are listed on both Bombay Stock Exchange (Scrip Code: 530299) and National Stock Exchange (Scrip Code: KOTHARIPRO).

Kothari Products Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Board of Directors approved these results at their meeting held on February 13, 2026, with the session commencing at 12:00 noon and concluding at 8:30 PM.

Financial Performance Overview

The company delivered a solid performance in Q3FY26 with net profit reaching ₹1,830 lacs compared to ₹1,600 lacs in the corresponding quarter of the previous year. This represents growth in profitability despite operational challenges during the quarter.

Revenue and Income Analysis

For the quarter ended December 31, 2025, revenue from operations stood at ₹6,318 lacs, while other income contributed ₹1,554 lacs, bringing total income to ₹7,872 lacs. The nine-month period showed revenue from operations of ₹21,847 lacs with other income of ₹6,046 lacs, resulting in total income of ₹27,893 lacs.

Expense Management and Profitability

Total expenses for Q3FY26 amounted to ₹8,167 lacs, including purchase of stock-in-trade of ₹6,090 lacs and other expenses of ₹1,746 lacs. The company reported exceptional items showing a gain of ₹2,448 lacs during the quarter, which contributed to the overall profitability.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of ₹16,190 lacs for Q3FY26 and ₹69,317 lacs for the nine-month period. Consolidated net profit for the quarter was ₹991 lacs, while the nine-month consolidated profit reached ₹3,515 lacs.

Regulatory Compliance and Publication

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI regulations. M/s G.M. Kapadia & Company, Chartered Accountants, the company's statutory auditors, provided an unmodified opinion for the unaudited standalone and consolidated financial results. Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited financial results in multiple newspapers on February 15, 2026.

Share Capital and Earnings Per Share

The company's paid-up equity share capital remained at ₹5,969 lacs with a face value of ₹10 per share. Basic and diluted earnings per share for Q3FY26 stood at ₹3.07, while for the nine-month period, it was ₹9.03. The company noted that EPS figures are not annualized for the quarter and nine-month periods.

The results reflect the company's continued operational focus and management's commitment to maintaining financial stability while navigating market conditions during the reporting period.