Promoter Sarthak Vijlani, acting on behalf of the promoter group, reduced his stake in Navigant Corporate Advisors Limited through an open market sale on June 1, 2026. The transaction involved the disposal of 1,30,000 equity shares carrying voting rights, decreasing the group's shareholding in the company. The sale was conducted in accordance with the provisions of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, the promoter group—including Sarthak Vijlani, Priyanka Vijlani, and Navigant IR Services Private Limited—held 12,67,750 shares, representing 40.21% of the total paid-up equity share capital. Following the sale of 1,30,000 shares, which accounted for a 4.12% reduction in stake, the group's holding has adjusted to 11,37,750 shares. This revised holding constitutes 36.09% of the company's total voting capital.

The equity share capital of Navigant Corporate Advisors Limited remains unchanged at 31,52,750 equity shares with a face value of Rs. 10 each. The total diluted share capital also stands at 31,52,750 shares. The disclosure confirms that no other instruments such as warrants, convertible securities, or encumbered shares were involved in the transaction.

Shareholding Details

The table below outlines the changes in the promoter group's shareholding pattern following the open market disposal:

The transaction was executed via the open market mechanism on June 1, 2026. Navigant Corporate Advisors Limited is listed on the Bombay Stock Exchange Limited (BSE). The formal disclosure regarding this substantial disposal was submitted to the exchange on June 2, 2026.

Navigant Corporate Advisors Limited has released its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 21, 2026. The company reported a net profit of ₹89.14 lakh for the full year, marking a decrease from the ₹165.46 lakh posted in the corresponding previous year.

Financial Performance Overview

The financial data indicates a contraction in the company's top-line and bottom-line figures for the year ended March 31, 2026. Revenue from operations for the year stood at ₹464.07 lakh, a reduction from the ₹779.51 lakh achieved in the prior fiscal year. Total revenue, which includes other income, amounted to ₹490.57 lakh for FY26, compared to ₹827.94 lakh in FY25.

On the expenditure side, total expenses for the year were reported at ₹361.28 lakh, lower than the ₹589.82 lakh incurred in the previous year. Profit before tax for the period was ₹127.09 lakh, down from ₹229.96 lakh in the preceding year. Following tax expenses, the company arrived at a net profit of ₹89.14 lakh for the year ended March 31, 2026.

Key Financial Metrics

The following table summarizes the audited financial results for the year ended March 31, 2026, compared with the previous year:

Operational and Balance Sheet Details

The company noted that it does not have more than one reportable segment in terms of AS-17 issued by ICAI. Consequently, segment-wise reporting is not applicable. Additionally, the company has not adopted the Indian Accounting Standards (Ind AS), utilizing the exemption available to companies listed on the SME Platform.

The balance sheet as of March 31, 2026, shows total assets of ₹1,388.78 lakh, slightly higher than the ₹1,387.96 lakh recorded in the previous year. Shareholders' funds increased to ₹1,305.67 lakh from ₹1,216.54 lakh in the prior year, driven by an increase in reserves and surplus to ₹990.39 lakh. The company’s cash and bank balances stood at ₹101.10 lakh as of the end of the fiscal year.

Auditor's Report and Compliance

M/s Ramanand & Associates, Chartered Accountants, audited the financial statements and issued an unmodified opinion. The audit report confirms that the financial statements give a true and fair view of the company's financial position and comply with the recognition and measurement principles laid down in the applicable accounting standards. The Managing Director, Sarthak Vijlani, also confirmed the unmodified opinion of the statutory auditors in a declaration to the Bombay Stock Exchange.