Radha Krishna Avudari acquires 14% stake in Aar Shyam India Investment

Radha Krishna Avudari has acquired a 14.00% stake in Aar Shyam India Investment Company Limited through an off-market transaction on June 01, 2026. The acquisition involves 4,20,129 equity shares, increasing the acquirer's holding from zero to a significant position in the company. This move represents a substantial acquisition under the regulatory framework governing share purchases and takeovers.

The shares purchased carry a face value of ₹10 each. Prior to this transaction, Radha Krishna Avudari held no shares or voting rights in the target company. The acquisition was executed entirely through the off-market route, as detailed in the disclosure submitted to the stock exchange.

Acquisition Details

The disclosure filed with BSE Limited outlines the specifics of the shareholding change. The acquirer does not belong to the promoter or promoter group of the target company. Following the transaction, the total voting capital of Aar Shyam India Investment Company Limited remains at 30,00,000 equity shares.

Description	Number of Shares	% of Total Share Capital	% of Diluted Share Capital
Holding Before Acquisition	0	0.00%	0.00%
Shares Acquired	4,20,129	14.00%	14.00%
Holding After Acquisition	4,20,129	14.00%	14.00%

Regulatory Filing

The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires acquirers to disclose substantial acquisitions of shares or voting rights to ensure transparency in the market. The filing confirms that no other instruments such as warrants or convertible securities were acquired as part of this transaction.

Aar Shyam India Investment Company Limited is listed on BSE Limited. The total equity share capital and total voting capital of the company before and after the acquisition stand at 30,00,000 equity shares of ₹10 each, amounting to ₹3,00,00,000.

Aar Shyam India Investment Company Limited reported a net loss of ₹83.38 lakh for the financial year ended March 31, 2026, widening from a loss of ₹2.20 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the standalone financial results, confirming compliance with Indian Accounting Standards.

The company surrendered its Certificate of Registration as a Non-Banking Financial Company (NBFC) effective January 23, 2026, following acceptance by the Reserve Bank of India. Consequently, the company ceased to be governed by prudential norms and other regulatory prescriptions applicable to NBFCs from that date. Post-surrender, the company is yet to commence other business activities.

Financial Performance

Total revenue from operations for FY26 stood at ₹9.63 lakh, a significant decline from ₹28.23 lakh in the previous year. For the quarter ended March 31, 2026, the company reported a total revenue of ₹3.04 lakh and a net loss of ₹3.37 lakh. Total expenses for the year increased to ₹93.01 lakh from ₹30.43 lakh in FY25, primarily driven by other expenses which rose to ₹80.90 lakh.

Metric	FY26 (₹ in lakh)	FY25 (₹ in lakh)
Total Revenue from Operations	9.63	28.23
Total Expenses	93.01	30.43
Net Profit/(Loss)	(83.38)	(2.20)
Earnings Per Share (Basic)	(2.78)	(0.07)

Assets and Liabilities

The company's total assets decreased to ₹328.73 lakh as of March 31, 2026, from ₹409.29 lakh in the previous year. Cash and cash equivalents improved slightly to ₹8.75 lakh from ₹7.80 lakh. Shareholders' funds stood at ₹272.15 lakh, down from ₹355.53 lakh in the prior year, impacted by the depletion of reserves which turned negative at ₹(27.85) lakh.

The trading window for dealing in the company's securities, which had been closed since April 1, 2026, will reopen 48 hours after the announcement of the financial results. The intimation was submitted to BSE Limited and The Calcutta Stock Exchange Ltd., where the company's shares are listed under scrip codes 542377 and 011600, respectively.