Suncare Traders has witnessed significant shareholding changes with two major transactions involving 11.76% stakes. While Shah Enterprise completed its divestment, Nilmesh Infrabuild LLP has made a substantial acquisition in the company through an off-market transaction.

Official SEBI Disclosure Confirmation

Suncare Traders Ltd has officially submitted disclosures under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 to BSE Limited. The company, with CIN L51909GJ1997PLC03156 and scrip code 539526, confirmed the receipt of disclosure documents via email on March 19, 2026.

Nilmesh Infrabuild LLP Acquisition Details

Nilmesh Infrabuild LLP has acquired a significant stake in Suncare Traders Ltd through an off-market transaction. The acquisition was disclosed under Regulation 29(1) of SEBI regulations, with Albert acting as the authorized signatory and partner for the acquiring entity.

Shah Enterprise Divestment Transaction

Shah Enterprise completed the sale of its entire 11.76% stake in Suncare Traders Ltd through an off-market transaction on March 19, 2026. The disclosure under Regulation 29(2) confirms the complete exit of Shah Enterprise from the company.

Company Share Capital Structure

Suncare Traders Ltd maintains a consistent equity share capital structure throughout both transactions. The company's share capital remains unchanged at Rs. 51,00,00,000 divided into 25,50,00,000 equity shares of Rs. 2.00 each.

Regulatory Compliance and Documentation

Both transactions have been properly documented and submitted to BSE Limited and the compliance officer of Suncare Traders Ltd. The disclosures ensure full compliance with SEBI regulations governing substantial shareholding acquisitions and disposals in listed companies. The authorized signatories from both entities have completed the required documentation under the applicable SEBI regulations.

Suncare Traders Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a strong recovery in its third quarter performance. The company's Board of Directors approved these results during their meeting held on February 3, 2026, at the registered office, with the meeting commencing at 3:00 PM and concluding at 3:30 PM.

Quarterly Financial Performance

The company reported a significant turnaround in Q3FY26, achieving profitability after the previous quarter's challenges. The financial metrics show a marked improvement across key parameters.

Nine-Month Performance Analysis

The company's nine-month performance for FY26 showed substantial improvement compared to the corresponding period in the previous year. Total income for the nine months ended December 31, 2025, stood at Rs. 217.76 lakhs, while total expenses were controlled at Rs. 19.68 lakhs.

Expense Management and Operational Efficiency

The company demonstrated effective expense management during Q3FY26, with total expenses dropping to Rs. 1.64 lakhs from Rs. 185.65 lakhs in the previous quarter. Key expense categories included employee benefit expenses of Rs. 0.57 lakhs and other expenses of Rs. 1.07 lakhs, with finance costs and depreciation being nil.

The significant reduction in other expenses from Rs. 184.58 lakhs in Q2FY26 to Rs. 1.07 lakhs in Q3FY26 contributed substantially to the improved profitability.

Regulatory Compliance and Corporate Governance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and received approval from the Board of Directors. The statutory auditors, M/s. Goenka Mehta & Associates, conducted a limited review of the financial results as required under SEBI regulations.

The company operates in a single business segment, and the financial statements comply with Indian Accounting Standards. Wholetime Director Harshad Rathod signed the regulatory filings, ensuring adherence to corporate governance requirements and timely disclosure to stakeholders.