Meyhul Gaala reduces stake in Enbee Trade to 7.32%

1 min read     Updated on 09 Jun 2026, 10:34 PM
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Suketu GScanX News Team
AI Summary

Meyhul Gaala, a member of the promoter group, reduced his shareholding in Enbee Trade and Finance Limited to 7.32% by selling 20,00,000 equity shares on the BSE on June 8, 2026. The disclosure was made on June 9, 2026, under Regulation 7(1)(b) of the PIT Regulations.

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Meyhul Gaala, a member of the promoter group, reduced his shareholding in [Enbee Trade and Finance Limited] to 7.32% through the sale of 20,00,000 equity shares. The transaction was executed via open market sales on the BSE on June 8, 2026. The disclosure was submitted to the stock exchange on June 9, 2026, in compliance with Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Prior to this sale, Gaala held 5,30,31,050 shares, representing a 7.60% stake in the company. The disposal of 0.29% of the total equity share capital brings his total holding down to 5,10,31,050 shares. The total equity share capital of Enbee Trade and Finance Limited remains unchanged at 697,286,312.

Transaction Details

The following table outlines the specific changes in shareholding reported by the company:

Name Category Securities Held Prior Securities Sold Transaction Type Securities Held Post Date of Sale Date of Intimation Mode Exchange
Meyhul Gaala Promoter Group 5,30,31,050 (7.60%) 20,00,000 Sale 5,10,31,050 (7.32%) 08.06.2026 09.06.2026 Open Market BSE

The disclosure was formally communicated by Amarr Narendra Galla, Managing Director of Enbee Trade and Finance Limited. The company stated that the total diluted share and voting capital remains unchanged at 697,286,312.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-18.18%-12.20%-43.75%-70.49%-82.44%

Does this reduction in shareholding signal a potential exit strategy for other promoter group members?

How might the open market sale impact the stock's liquidity and short-term price performance?

Will the proceeds from this sale be reinvested into the company or utilized for other ventures?

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Enbee Trade FY26 net profit jumps 153% to ₹1,251.87 lakh

1 min read     Updated on 30 May 2026, 07:00 PM
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Shriram SScanX News Team
AI Summary

Enbee Trade And Finance Limited reported a 153% year-on-year surge in net profit to ₹1,251.87 lakh for FY26, driven by a 55% increase in revenue to ₹3,062.87 lakh. The board approved the audited results on May 30, 2026, revealing a reversal of impairment on financial instruments and a completed rights issue aggregating ₹12,56,19,642.

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Enbee Trade And Finance Limited reported a 153% year-on-year surge in net profit to ₹1,251.87 lakh for the financial year ended March 31, 2026. Revenue from operations rose 55% to ₹3,062.31 lakh, primarily led by a substantial increase in interest income. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

The company’s profitability improved significantly in FY26, with net profit for the quarter ended March 31, 2026, reaching ₹395.29 lakh, compared to ₹163.71 lakh in the corresponding period of the previous year. Total revenue for the quarter stood at ₹792.42 lakh. For the full year, total revenue increased to ₹3,062.87 lakh from ₹1,973.38 lakh in FY25.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Revenue 3,062.87 1,973.38
Total Expenses 1,385.72 1,167.97
Net Profit 1,251.87 494.67
Basic EPS (₹) 0.22 0.09

Operational Highlights

Interest income, the core revenue driver, grew to ₹3,062.31 lakh in FY26 from ₹1,973.38 lakh in the previous year. The company managed its expenses efficiently, with finance costs for the year at ₹528.52 lakh. Additionally, the company recorded a reversal of impairment on financial instruments amounting to ₹254.75 lakh during the year, compared to an impairment of ₹289.87 lakh in FY25.

Capital Allocation and Corporate Actions

Subsequent to the reporting period and prior to the approval of these financial results, the company completed a rights issue of 12,56,19,642 equity shares with a face value of ₹1 each at an issue price of ₹1 per share. The issue aggregated to ₹12,56,19,642 and was offered in the ratio of 21 equity shares for every 10 equity shares held by eligible shareholders.

Auditor's Report

M/s H P V S & Associates, Chartered Accountants, the statutory auditors of the company, issued an audit report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026. The report confirms that the financial results give a true and fair view in conformity with Indian accounting standards.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-18.18%-12.20%-43.75%-70.49%-82.44%

Can the significant growth in interest income be sustained in the next fiscal year given current market interest rate trends?

How does the company plan to utilize the ₹12.56 crore raised from the recent rights issue to drive future growth?

What is the outlook for credit costs and asset quality given the substantial reversal of impairment recorded this year?

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More News on Enbee Trade & Finance

1 Year Returns:-70.49%