Samyak International to raise ₹13.6 crore via preferential issue

2 min read     Updated on 12 Jun 2026, 06:07 PM
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Ashish TScanX News Team
AI Summary

Samyak International Ltd has proposed a preferential allotment of 40 lakh equity shares and 40 lakh warrants at ₹17 each to raise ₹13.6 crore. The warrants, convertible within 18 months, require 25% payment upfront and the balance upon conversion. The allotment includes promoters and non-promoters such as Virendra Capital Markets and Volatile Investment, subject to shareholder approval at an EGM on July 9, 2026.

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Samyak International Ltd has proposed a preferential allotment of equity shares and warrants to raise ₹13.6 crore. The issuance comprises 40,00,000 equity shares and 40,00,000 convertible warrants, priced at ₹17 each, including a premium of ₹7. The fundraise is subject to shareholder and regulatory approvals, with an Extra-Ordinary General Meeting (EGM) scheduled for July 9, 2026.

Preferential Issue Details

The issue follows Chapter V of the SEBI (ICDR) Regulations, 2018, and the Companies Act, 2013. The equity shares and warrants each have a face value of ₹10. The warrants are convertible into an equivalent number of equity shares within eighteen months from the date of allotment. For the warrants, 25% of the consideration is payable at allotment, and the remaining 75% is due upon conversion. If the option is not exercised within eighteen months, the warrants will lapse, and the initial consideration will be forfeited.

Allotment and Shareholding Pattern

The preferential issue will alter the company's shareholding structure. Promoters Sudhir Jain, Sunit Jain, Neha Jain, and Samyak Jain are set to receive warrants, while Virendra Capital Markets Pvt. Ltd. will receive equity shares. Non-promoter entities, including Volatile Investment and Finance Pvt Ltd and Symphony Sales Pvt. Ltd., will receive a combination of shares and warrants. Additional non-promoter allottees include Keti-KJ Constructions (India) Limited, KRJ Infraprojects Private Limited, and Aditya Fincom Private Limited.

Allottee Pre-issue Holding Equity Shares Allotted Warrants Allotted Post-issue Holding Consideration (INR)
Sudhir Jain 505 0 4,40,000 4,40,505 74,80,000
Sunit Jain 4,41,761 0 2,20,000 6,61,761 37,40,000
Neha Jain 3,91,800 0 2,20,000 6,11,800 37,40,000
Samyak Jain 4,42,760 0 2,20,000 6,62,760 37,40,000
Virendra Capital Markets Pvt. Ltd. 0 11,00,000 0 11,00,000 1,87,00,000
Volatile Investment and Finance Pvt Ltd 0 4,25,000 11,50,000 15,75,000 2,67,75,000
Symphony Sales Pvt. Ltd. 0 4,25,000 11,50,000 15,75,000 2,67,75,000
Keti-KJ Constructions (India) Limited 0 13,50,000 0 13,50,000 2,29,50,000
KRJ Infraprojects Private Limited 0 7,00,000 0 7,00,000 1,19,00,000
Aditya Fincom Private Limited 0 0 6,00,000 6,00,000 1,02,00,000

Committee and EGM

The Board constituted a Preferential Allotment Committee to oversee the process. The company will convene an EGM on July 9, 2026, at 5:00 PM IST via video conferencing to seek member approval. The trading window, which closed on June 9, 2026, will reopen 48 hours after the Board meeting conclusion.

Historical Stock Returns for Samyak International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.49%+3.38%-6.31%-33.48%-56.50%-23.88%

How does Samyak International plan to utilize the ₹13.6 crore raised through this preferential allotment?

What impact will the conversion of warrants within eighteen months have on the company's earnings per share (EPS)?

How will the significant increase in promoter and non-promoter shareholding influence the company's future governance and strategic decisions?

Samyak International returns to profitability in FY26

2 min read     Updated on 02 Jun 2026, 03:20 PM
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Anirudha BScanX News Team
AI Summary

Samyak International Limited reported a consolidated net profit of ₹24.45 lakh for FY26, reversing the previous year's loss of ₹357.89 lakh. Revenue from operations increased to ₹4225.98 lakh, driven by trading. The Board approved the audited results on May 30, 2026.

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Samyak International Limited reported a return to profitability for the financial year ended March 31, 2026, with a consolidated net profit of ₹24.45 lakh. This marks a significant turnaround from the net loss of ₹357.89 lakh recorded in the previous financial year ended March 31, 2025. The company’s consolidated revenue from operations surged to ₹4225.98 lakh in FY26, compared to ₹1346.67 lakh in FY25, driven primarily by trading activities.

The Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s. Ashok Khasgiwala & Co. LLP, issued an audit report with an unmodified opinion on the financial results. The meeting commenced at 6:00 P.M. and concluded at 7:30 P.M.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹55.94 lakh, a recovery from the net loss of ₹248.95 lakh in the corresponding quarter of the previous year. Total revenue for the quarter stood at ₹1492.45 lakh. The exceptional items for the year included a profit of ₹119.79 lakh recognized in the consolidated financial statements arising from the loss of control over subsidiaries, Digital Mircon Roto Print Private Limited and Alpha Tar Industries Private Limited.

Standalone Results

On a standalone basis, the company reported a net loss of ₹155.89 lakh for FY26, widening from the net loss of ₹10.86 lakh in FY25. For the quarter ended March 31, 2026, the standalone net loss was ₹142.89 lakh. The standalone financial statements recognized a loss of ₹33.10 lakh as an exceptional item during the year due to the loss of control over its subsidiaries and partial disposal of investments.

Key Financial Metrics (Consolidated)

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Income from operations 4225.98 1346.67
Total Revenue 4561.85 1346.67
Total Expenses 4565.35 1476.14
Net Profit for the period 24.45 (357.89)
Earnings Per Share (EPS) (0.14) (5.12)

The financial statements were prepared in accordance with Indian Accounting Standards (IND AS) prescribed under Section 133 of the Companies Act, 2013. The company confirmed that there were no outstanding defaults on loans and debt securities and that the statement on impact of audit qualifications was not applicable as the audit report carried an unmodified opinion.

Historical Stock Returns for Samyak International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.49%+3.38%-6.31%-33.48%-56.50%-23.88%

What strategic changes drove the surge in trading revenue, and is this growth sustainable?

How will the loss of control over Digital Mircon Roto Print and Alpha Tar Industries impact future business operations?

What measures is the company taking to improve its standalone financial performance given the widening losses?

More News on Samyak International

1 Year Returns:-56.50%