Shanti Gold International reported a significant expansion in profitability for the first quarter of FY26, with consolidated net profit rising to ₹519.3 million compared to ₹343.6 million in the corresponding period last year. This represents a year-on-year increase of approximately 51%. The top-line growth was even more pronounced, as revenue jumped to ₹7,163.8 million from ₹2,927.8 million previously.

The company’s profit before tax (PBT) also showed robust growth, reaching ₹652.6 million in Q1FY26, compared to ₹459.0 million in Q1FY25. The financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 13, 2026. The results were published in The Financial Express and Mumbai Lakshadeep on August 15, 2026.

Financial Performance Overview

The following table outlines the key financial figures for the quarter based on the consolidated statement:

What the Numbers Show

A key observation from the filing is the strong correlation between revenue growth and net profit expansion. While revenue more than doubled, net profit grew at a substantial rate of 51%, indicating improved operational leverage or favorable cost dynamics compared to the prior year period. The earnings per share (EPS) also rose to ₹7.00 from ₹6.36, reflecting the higher profit base against a stable paid-up equity share capital of ₹721.0 million.

The results have been prepared in accordance with Indian Accounting Standards (IndAS) prescribed under Section 133 of the Companies Act, 2013, and Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Shanti Gold International Limited has published newspaper advertisements dated August 11, 2026, notifying eligible equity shareholders of its rights issue, in compliance with Regulation 84(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The advertisements appeared in Business Standard (English) — National Daily, All Editions; Business Standard (Hindi) — National Daily, All Editions; and Pratahkal (Marathi) — Mumbai Edition. The intimation was filed with BSE Limited and National Stock Exchange of India Limited on the same date by Vrushti Parag Shah, Company Secretary and Compliance Officer.

Rights Issue Details

The company is offering up to 46,43,471 equity shares of face value ₹10 each for cash at a price of ₹215 per equity share, which includes a premium of ₹205 per equity share. The issue aggregates up to ₹998.35 million, assuming full subscription. Eligible equity shareholders as on the record date are entitled to subscribe in the ratio of 19 rights equity shares for every 295 fully paid-up equity shares held.

Issue Programme

The issue schedule is as follows:

The Board of Directors or a duly authorised committee thereof retains the right to extend the issue period, provided the issue does not remain open for more than 30 days from the issue opening date.

Application Process

All investors are mandatorily required to apply through the ASBA (Application Supported by Blocked Amount) process, in accordance with Regulation 76 of the SEBI ICDR Regulations and applicable SEBI circulars. Non-Resident Investors must apply through the ASBA mode only. Rights equity shares will be allotted exclusively in dematerialised form. Eligible equity shareholders holding shares in physical form as on the record date must furnish their demat account details to the Registrar — BigShare Services Private Limited — at least two working days prior to the issue closing date, i.e., by Wednesday, August 19, 2026, failing which their rights entitlements shall lapse.

Eligible shareholders may access the Letter of Offer and Application Form on the websites of the company ( www.shantigold.in ), the Registrar ( www.bigshareonline.com ), BSE ( www.bseindia.com ), NSE ( www.nseindia.com ), and the Lead Manager, Aryaman Financial Services Limited ( www.afsl.co.in ).

Renunciation Procedure

Investors may renounce their rights entitlements either through on-market renunciation via the secondary market platform of the stock exchanges, or through off-market transfer via a depository participant. On-market renunciation is permitted from Friday, August 14, 2026, to Tuesday, August 18, 2026 (both days inclusive), and will be settled on a T+1 rolling settlement basis on a trade-for-trade basis. Off-market renunciation must be completed such that rights entitlements are credited to the renouncee's demat account on or before the issue closing date. Rights entitlements that are neither renounced nor subscribed by the issue closing date shall lapse.

Key Parties and Regulatory Details

The company has received in-principle approvals from BSE and NSE for listing the rights equity shares vide their letters dated July 22, 2026. The Designated Stock Exchange is BSE Limited.

The Letter of Offer dated July 31, 2026, has been filed with BSE, NSE, and SEBI. Investors are advised to refer to the risk factors beginning on page 21 of the Letter of Offer before making any investment decision. The rights equity shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States.