Sarthak Global Limited has submitted its annual disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations for the financial year ended March 31, 2026. The regulatory filing, made on April 02, 2026, confirms compliance with mandatory disclosure requirements for promoters and promoter group members.

Regulatory Compliance Details

The disclosure was submitted pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Ankit Joshi forwarded the annual disclosure to BSE Limited's Listing Department, ensuring adherence to regulatory timelines.

Promoter Group Declaration

Maha Kosh Papers Private Limited, a member of the promoter group, submitted a separate declaration through its Director Narendra R. Gadekar. The declaration confirms that promoters and promoter group members, along with persons acting in concert, have not made any encumbrances during the financial year ended March 31, 2026.

Key Compliance Confirmations

The annual disclosure includes several important confirmations regarding promoter activities:

• No encumbrances were made directly or indirectly by promoters during FY26
• No additional disclosures required under SEBI SAST regulations
• All existing encumbrances previously disclosed remain unchanged
• Compliance maintained with regulatory reporting requirements

Corporate Information

Sarthak Global Limited operates from its registered office at Tulsiani Chambers, Nariman Point, Mumbai, with corporate office located in Indore. The company maintains regular communication channels with BSE Limited and ensures timely submission of all regulatory filings.

The dual submission approach, with both the company and promoter group entity filing separate declarations, demonstrates comprehensive compliance with SEBI SAST regulations and maintains transparency in promoter shareholding activities.

Sarthak Global Limited has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company's board of directors approved these results during their meeting held on February 11, 2026, at the corporate office in Indore. The results show a mixed performance with quarterly losses but positive nine-month profitability, reflecting the company's operational challenges and recovery patterns.

Financial Performance Overview

The company's financial performance for the quarter ended December 31, 2025, showed continued challenges with revenue and profitability metrics displaying significant variations compared to previous periods.

Revenue and Operational Income

The company's total revenue for Q3 FY26 stood at ₹7.15 lakhs, representing a significant decline from ₹372.66 lakhs in Q3 FY25. Net sales from operations decreased to ₹9.54 lakhs in Q3 FY26 compared to ₹368.01 lakhs in the corresponding quarter of the previous year. Other income showed a negative figure of ₹2.39 lakhs for the current quarter versus a positive ₹4.65 lakhs in Q3 FY25.

For the nine-month period, total revenue declined to ₹101.55 lakhs from ₹624.82 lakhs in the previous year, while net sales from operations decreased to ₹100.77 lakhs from ₹615.93 lakhs.

Expense Management and Cost Structure

Total expenses for Q3 FY26 amounted to ₹15.75 lakhs compared to ₹377.64 lakhs in Q3 FY25. The major expense components included employee benefit expenses of ₹11.06 lakhs, other expenditure of ₹4.65 lakhs, and minimal finance costs of ₹0.01 lakhs. Purchase of stock in trade, which was a significant expense item in the previous year at ₹337.26 lakhs, was nil for the current quarter.

Business Segment Performance

Sarthak Global operates in two primary business segments: trading of commodities and share transfer agent services. For Q3 FY26, the share transfer agent segment generated revenue of ₹9.54 lakhs compared to ₹9.81 lakhs in Q3 FY25. The trading of commodities segment reported no revenue for the current quarter, while it had contributed ₹300.82 lakhs in Q3 FY25.

The nine-month period showed the share transfer agent segment contributing ₹25.17 lakhs compared to ₹23.78 lakhs in the previous year. Additionally, trading in shares contributed ₹64.99 lakhs during the nine-month period, which was not present in the corresponding period last year.

Tax Position and Earnings Per Share

The company reported negative current tax of ₹1.42 lakhs and negative deferred tax of ₹0.34 lakhs for Q3 FY26. Basic and diluted earnings per share for the quarter stood at negative ₹0.23 compared to negative ₹0.38 in Q3 FY25. For the nine-month period, basic and diluted EPS improved significantly to ₹1.15 from negative ₹0.65 in the previous year.

The company maintains a paid-up equity share capital of ₹300.00 lakhs with a face value of ₹10 per share, which remained consistent across all reporting periods. The financial results have been prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors M/s. Ashok Kumar Agrawal & Associates, Chartered Accountants.