Promoter group entity Nimit Impex Private Limited sold 91,49,212 shares of Worth Investment & Trading Company Ltd in the open market between September 4 and September 9, 2026. The transaction reduces its stake to 3.94%.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing details the reduction in holding from 6.41% to 3.94% following the series of off-market sales.

Transaction Details

Nimit Impex executed the sales across four trading days in early September 2026. The average sale price ranged between ₹3.65 and ₹3.75 per share.

The total equity share capital of Worth Investment remains unchanged at Rs. 37,07,17,000, comprising 37,07,17,000 equity shares of Rs 1/- each.

What the Numbers Show

The data reveals a concentrated exit strategy by the promoter group. The largest single-day sale occurred on September 7, accounting for nearly 44% of the total shares divested during this period. This suggests a deliberate effort to reduce exposure quickly rather than a gradual tapering of holdings over time.

Worth Investment & Trading Company Limited will hold its 46th Annual General Meeting (AGM) on Wednesday, September 30, 2026. The meeting addresses the adoption of financial statements for FY26 and special resolutions to enhance borrowing limits to ₹500 crore.

The Board approved the reappointment of Ms. Archana Pramod Wani as a director. She retires by rotation at the ensuing meeting and offers herself for reappointment. Her DIN is 03121886.

Key Agenda Items

Shareholders will vote on several resolutions during the AGM, which will be held via Video Conferencing or Other Audio Visual Means (VC/OAVM).

The company seeks approval to increase its borrowing limit from the previous ₹200 crore to ₹500 crore. This special resolution allows the board to borrow monies from banks, financial institutions, and other lenders, subject to shareholder consent under Section 180(1)(c) of the Companies Act, 2013.

Additionally, shareholders are asked to approve the board's power to sell, assign, or securitize substantial assets or receivables up to an outstanding value of ₹500 crore. This resolution falls under Section 180(1)(a) of the Companies Act, 2013.

Financial Performance for FY26

The company reported a profit after tax (PAT) of ₹350.03 lakh for FY26, up from ₹190.00 lakh in FY25. Total income rose to ₹1,258.24 lakh from ₹512.33 lakh in the previous year, driven entirely by other income as revenue from operations remained nil.

Finance costs increased significantly to ₹577.69 lakh from ₹164.24 lakh in FY25, reflecting higher borrowings. Total assets grew to ₹34,390.56 lakh from ₹6,423.35 lakh, primarily due to an increase in loans to ₹33,699.95 lakh from ₹6,056.23 lakh.

Secretarial Auditor Appointment

M/s. Deepika Mishra & Associates has been appointed as the secretarial auditor for a five-year term, effective from September 5, 2026. This appointment replaces M/s. P V Chaudhari & Associates, who resigned citing personal reasons. The new firm holds ACS No. A46839 and C.P. No. 17113 with the Institute of Company Secretaries of India (ICSI).

E-Voting and Meeting Logistics

The book closure period is fixed from September 24 to September 30, 2026. The cut-off date for determining voting eligibility is Wednesday, September 23, 2026.

Remote e-voting begins on Sunday, September 27, 2026, at 9:00 am and ends on Tuesday, September 29, 2026, at 5:00 pm. Shareholders can access the NSDL e-voting system using their demat account details or folio numbers.