Noize Brands and Lifestyle Limited has increased its shareholding in Jauss Polymers Limited by acquiring 1,55,860 equity shares via an off-market transfer. This acquisition represents 3.36% of the target company's total paid-up equity share capital and voting capital. The transaction was executed on June 18, 2026, and disclosed to the stock exchange on June 20, 2026.

Following this acquisition, the acquirer's total shareholding in Jauss Polymers Limited has risen to 20,07,754 equity shares. This corresponds to 43.41% of the total paid-up equity share capital and voting capital. Prior to the transaction, Noize Brands and Lifestyle Limited held 18,51,894 shares, accounting for 40.04% of the capital.

The disclosure was submitted in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the acquirer does not belong to the promoter or promoter group of the target company. The shares of Jauss Polymers Limited are listed on the Bombay Stock Exchange (BSE).

Shareholding Details

The table below outlines the changes in shareholding following the acquisition:

The total equity share capital and voting capital of Jauss Polymers Limited stands at 46,25,575 equity shares. Aditya Chopra, Director of Noize Brands and Lifestyle Limited, signed the disclosure on behalf of the acquirer.

Jauss Polymers Limited reported a net loss of ₹463.08 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹8.64 lakh in the previous year. Revenue from operations for the year stood at ₹39.44 lakh, while total expenses rose to ₹502.52 lakh. The company's statutory auditor, Mahesh Yadav & Co., issued an adverse opinion on the standalone financial results, citing material uncertainty regarding the company's ability to continue as a going concern due to a rapid decline in turnover and significant losses.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. The meeting also approved the appointment of M/s Nayan Dedhia & Associates as the internal auditor for the financial year 2026-27. The filing was submitted in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company reported zero revenue from operations for the quarter ended March 31, 2026, with a net loss of ₹40.06 lakh for the quarter. For the full year, the company recorded a basic earnings per share (EPS) of negative ₹10.01, compared to negative ₹0.19 in the previous year. The total comprehensive income for the year was a loss of ₹463.08 lakh.

Auditor's Observations

Mahesh Yadav & Co., the statutory auditor, highlighted that the company has ceased to operate, with no turnover during the year leading to significant losses. The auditor noted that management has not performed an assessment of the entity's ability to continue as a going concern, nor provided plans for future actions or a cash flow forecast. Consequently, the auditor stated there is no realistic alternative to justify management's ability to continue as a going concern.

Additionally, the auditor drew attention to loans and advances amounting to ₹469.09 lakh that are outstanding for a substantial period. The auditor was unable to perform alternate audit procedures due to a lack of confirmations. Management stated these balances will not be received and decided to write off the amount. The company also noted it is not in possession of documents confirming fixed deposits amounting to ₹2 lakh as of March 31, 2026.