Promoter Vinod Juthalal Visaria reduced his shareholding in Lamosaic India Limited through open market sales on June 22, 2026. The transactions were executed in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The disclosure was submitted to the National Stock Exchange of India Limited on June 23, 2026.

Shareholding Changes

Vinod Juthalal Visaria disposed of 4,99,800 equity shares, decreasing his stake from 43.47% to 38.63%. The total voting capital of Lamosaic India Limited stands at 1,03,38,008 equity shares, with a face value of ₹10 per share. The sales were conducted entirely on the market, with no off-market or inter-se transfers involved.

Transaction Details

The sales occurred on June 22, 2026. The company confirmed that the total diluted share capital remains unchanged at 1,03,38,008 equity shares. The disclosures were signed by Jitesh Khushalchand Mamaniya, Director and Chief Financial Officer of Lamosaic India Limited.

Lamosaic India Limited reported a net profit of ₹16.65 crore for the financial year ended March 31, 2026, a decrease from ₹24.79 crore in the previous year. Revenue from operations fell to ₹102.10 crore from ₹143.49 crore in FY25. The Board of Directors approved the Standalone Audited Financial Statements at a meeting held on May 27, 2026.

M/s. R G G R & Associates LLP, the Statutory Auditors, issued an Audit Report with an unmodified opinion on the financial results. However, the auditors drew attention to outstanding statutory dues, including unpaid income tax liabilities and other statutory liabilities as of March 31, 2026. Management represented that these liabilities would be discharged in due course. Additionally, certain proceedings initiated by the Directorate General of GST Intelligence (DGGI) relating to GST matters for earlier periods are pending adjudication.

The company disclosed that it has fully utilized the proceeds of ₹61.20 crore raised through its Initial Public Offering (IPO) on November 27, 2024. Shareholders approved deviations in the use of issue proceeds via postal ballots on March 29, 2025, and March 1, 2026. Unutilized amounts of ₹1.04 crore from issue-related expenses and ₹4.05 crore from pursuing inorganic growth were reallocated to meet incremental working capital requirements.

The Board appointed M/s JC & Associates as the Secretarial Auditor for the financial year 2025-26. In a separate disclosure, the company confirmed it does not fall under the category of a “Large Corporate” as per SEBI circulars regarding fund raising by issuance of debt securities.

Financial Performance

The company’s total income for FY26 stood at ₹102.27 crore, compared to ₹143.60 crore in the previous year. Total expenses decreased to ₹99.45 crore from ₹140.17 crore in FY25. Earnings per share (EPS) for the year declined to ₹1.61 from ₹2.98 in the previous year.

Standalone Financial Results (FY26)

Utilization of IPO Proceeds