Mikusu India Private Limited has increased its shareholding in Daikaffil Chemicals India Limited to 49.62% through an open market acquisition. The acquirer purchased 13,139 equity shares on June 16, 2026, representing 0.22% of the total paid-up share capital of the target company. These transactions were disclosed to BSE Ltd under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Prior to this acquisition, Mikusu India Private Limited held 29,64,128 equity shares, accounting for 49.40% of the share capital. Following the purchase, the total holding stands at 29,77,267 equity shares. The acquirer is classified as part of the promoter group of Daikaffil Chemicals India Limited.

The equity share capital of Daikaffil Chemicals India Limited remains at Rs. 6,00,00,000, comprising 60,00,000 equity shares of Rs. 10 each. The total diluted share capital also remains unchanged at this level. There were no changes to the holdings of warrants, convertible securities, or encumbered shares as part of these transactions.

Shareholding Details

The following table outlines the changes in shareholding for Mikusu India Private Limited:

The disclosures were signed by Raghuram K Shetty, Director of Mikusu India Private Limited, on June 17, 2026.

Daikaffil Chemicals India Limited reported a standalone net loss of ₹21.41 crore for the financial year ended March 31, 2026, compared to a net loss of ₹15.90 crore in the previous year. Revenue from operations for FY26 stood at ₹133.48 crore, an increase from ₹74.98 crore in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 28, 2026. The company published the audited financial results in The Free Press Journal (English) and Navshakti (Marathi) on May 29, 2026, under Regulation 33 of the SEBI (LODR) Regulations, 2015.

Financial Performance

The company recorded a total income of ₹134.01 crore for FY26, up from ₹79.66 crore in the previous year. Total expenses increased significantly to ₹155.83 crore from ₹95.69 crore in FY25, primarily driven by higher costs of materials consumed and employee benefits expenses. For the quarter ended March 31, 2026, the company reported a net loss of ₹8.91 crore on revenue from operations of ₹19.67 crore.

Consolidated Results

The consolidated financial results for the group, which includes subsidiary Mikusu Global Industries Limited, showed a net loss of ₹22.14 crore for FY26. Total consolidated income was ₹134.01 crore. The company incorporated the subsidiary on August 22, 2025, and prepared consolidated financial statements for the first time for the year ended March 31, 2026. Consequently, comparative consolidated figures for the previous year are not available.

Board Decisions

The board re-appointed SPSJ & Associates LLP, Chartered Accountants bearing Firm Registration No. W100818, as internal auditors for the financial year 2026-27 based on the recommendation of the Audit Committee. The firm specializes in conducting internal audits, identifying process gaps, and strengthening internal controls. The statutory auditors, M/s. N V C & Associates LLP, issued an unmodified opinion on the standalone and consolidated financial results. The trading window, which closed on April 1, 2026, will reopen 48 hours after the declaration of the financial results.