Mrs. Pooja Raja increased her shareholding in Sumeru Industries Limited to 1.69% following the acquisition of 90,000 equity shares on June 4, 2026. The transaction was executed via an off-market purchase, as disclosed to the stock exchanges. The acquisition does not classify Mrs. Raja as part of the promoter or promoter group of the company.

Prior to this transaction, Mrs. Raja held 1,124,407 shares, representing a 1.56% stake in the company. With the addition of 90,000 shares, her total holding now stands at 1,214,407 shares. The total paid-up equity share capital of Sumeru Industries Limited remains unchanged at 7,20,00,000 equity shares of ₹1 each.

The disclosure was submitted in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The intimation was formally received by the company from Mrs. Pooja Raja, identified as a Person Acting in Concert (PAC) in the filing. The shares of Sumeru Industries Limited are listed on BSE Limited.

Breakdown of Shareholding

The following table details the changes in Mrs. Pooja Raja's shareholding before and after the acquisition:

The company confirmed that the acquirer does not belong to the promoter or promoter group. No other instruments such as warrants, convertible securities, or encumbered shares were involved in the transaction.

Sumeru Industries Limited announced its audited financial results for the financial year ended March 31, 2026, showing a decline in profitability compared to the previous year. The company reported a net profit of ₹7.25 lakhs for FY26, down from ₹9.36 lakhs in FY25, representing a 22.5% year-on-year decrease.

Financial Performance Overview

The company's financial performance for FY26 reflected challenging operating conditions, with total income declining significantly during the year.

Revenue and Income Analysis

Sumeru Industries Limited generated no revenue from operations during FY26, similar to the previous year. The company's total income of ₹33.25 lakhs was entirely derived from other income sources, which decreased from ₹43.22 lakhs in FY25. This 23.1% decline in other income was the primary factor affecting the company's overall financial performance.

Expense Management

Despite the revenue challenges, the company demonstrated effective cost control measures. Total expenses were reduced to ₹28.00 lakhs in FY26 from ₹32.04 lakhs in FY25, representing a 12.6% decrease.

Employee benefits expenses showed the most significant reduction, decreasing from ₹11.10 lakhs to ₹7.80 lakhs. Other expenses remained relatively stable, declining marginally from ₹15.36 lakhs to ₹14.95 lakhs.

Balance Sheet Position

The company's financial position remained stable with total assets of ₹1,058.85 lakhs as of March 31, 2026, compared to ₹1,056.22 lakhs in the previous year. Equity share capital remained unchanged at ₹720.00 lakhs, while other equity increased to ₹331.19 lakhs from ₹323.94 lakhs.

Quarterly Performance

For the quarter ended March 31, 2026, Sumeru Industries reported a net profit of ₹4.27 lakhs on total income of ₹8.19 lakhs. This compared favorably to the same quarter in the previous year when the company earned ₹3.04 lakhs on income of ₹11.73 lakhs.

Corporate Governance and Compliance

The Board of Directors meeting was held on April 23, 2026, commencing at 2:00 PM and concluding at 2:45 PM. The statutory auditors, M/s Nitin K. Shah & Co., issued an unmodified audit opinion on the standalone financial results. The company operates in a single business segment and maintains proper compliance with all regulatory requirements under the Companies Act, 2013 and SEBI regulations.