SIL Investments declares no encumbrance on Ganges Securities shares in FY26

0 min read     Updated on 10 Jun 2026, 04:41 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

SIL Investments Limited declared no encumbrance on Ganges Securities Limited shares in FY26 under SEBI (SAST) Regulations, 2011. The disclosure, signed by Company Secretary Lokesh Ashwin Gandhi, confirmed no undisclosed pledges exist. The filing was submitted to BSE and NSE on April 7, 2026.

powered bylight_fuzz_icon
42592263

*this image is generated using AI for illustrative purposes only.

SIL Investments Limited has confirmed that it, along with persons acting in concert, did not create any encumbrance on the shares of Ganges Securities Limited during the financial year ended March 31, 2026. This disclosure ensures that no undisclosed pledges or charges exist on the shareholding beyond those previously reported to the stock exchanges and the target company.

The declaration was submitted in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, dated April 7, 2026, was addressed to BSE Limited and the National Stock Exchange of India Limited to formally record the status of the shareholding.

Lokesh Ashwin Gandhi, Company Secretary of SIL Investments Limited, signed the disclosure on behalf of the entity. The communication was also copied to the Audit Committee and the registered office of Ganges Securities Limited, located in Sitapur, Uttar Pradesh.

Historical Stock Returns for Ganges Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.15%-0.20%-12.90%-26.12%+76.80%

Does this clean status signal a potential increase in SIL Investments' stake in Ganges Securities in the coming fiscal year?

How might the absence of encumbrances impact the liquidity and trading volume of Ganges Securities' shares?

Could this disclosure pave the way for SIL Investments to utilize these shares as collateral for future corporate debt?

Ganges Securities FY26 Audited Results Published Under SEBI Regulation 33

2 min read     Updated on 19 May 2026, 12:41 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

Ganges Securities Limited published its audited FY26 financial results under SEBI Regulation 33 on May 15, 2026. On a standalone basis, net profit after tax rose to ₹433.64 lakhs from ₹388.54 lakhs, while consolidated net profit declined to ₹268.97 lakhs from ₹506.21 lakhs, with the tea business segment recording a loss of ₹128.29 lakhs for the year.

powered bylight_fuzz_icon
40327093

*this image is generated using AI for illustrative purposes only.

Ganges Securities Limited has published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in The Business Standard (English and Hindi, Lucknow Edition) on May 15, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were signed off by Managing Director Urvi Mittal from Kolkata. The company operates in the investing business segment, while its consolidated results include its wholly-owned subsidiary, Cinnatollah Tea Limited, which operates in the tea business segment.

Standalone Financial Performance

On a standalone basis, the company reported an increase in net profitability for FY26. Total revenue from operations rose to ₹797.42 lakhs from ₹786.95 lakhs in the previous year. Net profit after tax increased to ₹433.64 lakhs, compared to ₹388.54 lakhs in FY25. For the quarter ended March 31, 2026, the standalone business reported a net loss after tax of ₹33.73 lakhs, an improvement from the net loss of ₹55.55 lakhs in the corresponding quarter of the previous year.

The following table summarises the standalone financial performance:

Metric Year ended 31.03.2026 (Audited) Year ended 31.03.2025 (Audited)
Total Revenue from Operations ₹797.42 lakhs ₹786.95 lakhs
Total Income ₹827.56 lakhs ₹812.18 lakhs
Total Expenses ₹238.53 lakhs ₹284.40 lakhs
Profit Before Tax ₹589.03 lakhs ₹527.78 lakhs
Net Profit After Tax ₹433.64 lakhs ₹388.54 lakhs
Total Comprehensive Income (₹13,512.91 lakhs) ₹12,981.46 lakhs
Basic EPS (₹10 face value) ₹4.33 ₹3.88

Consolidated Financial Performance

Consolidated total income for FY26 stood at ₹3,708.53 lakhs, down from ₹3,912.14 lakhs in FY25. Consolidated net profit after tax declined to ₹268.97 lakhs from ₹506.21 lakhs in the prior year. The prior year's profit before tax included an exceptional item of ₹101.86 lakhs related to a misappropriation of funds at the subsidiary. No such exceptional item was recorded in FY26.

The following table summarises the consolidated financial performance:

Metric Year ended 31.03.2026 (Audited) Year ended 31.03.2025 (Audited)
Total Revenue from Operations ₹3,610.90 lakhs ₹3,798.26 lakhs
Total Income ₹3,708.53 lakhs ₹3,912.14 lakhs
Total Expenses ₹3,244.56 lakhs ₹3,243.36 lakhs
Profit Before Tax ₹463.97 lakhs ₹566.92 lakhs
Net Profit After Tax ₹268.97 lakhs ₹506.21 lakhs
Total Comprehensive Income (₹13,638.87 lakhs) ₹13,102.39 lakhs
Basic EPS (₹10 face value) ₹2.69 ₹5.06

Quarterly Highlights

For the quarter ended March 31, 2026, the consolidated business reported a net loss after tax of ₹270.56 lakhs, compared to a net loss of ₹371.06 lakhs in the corresponding quarter of the previous year. The equity share capital remained unchanged at ₹1,000.37 lakhs for both standalone and consolidated entities. The quarterly basic and diluted EPS (not annualised) stood at (₹0.34) on a standalone basis and (₹2.70) on a consolidated basis.

Segment-Wise Performance

The investing business segment reported revenue of ₹750.97 lakhs and a segment result of ₹603.51 lakhs for FY26. The tea business segment reported revenue of ₹2,859.93 lakhs but recorded a segment loss of ₹128.29 lakhs for the year. The complete financial results are available on the BSE and NSE websites, as well as on the company's website at www.birla-sugar.com .

Historical Stock Returns for Ganges Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.39%-1.15%-0.20%-12.90%-26.12%+76.80%

What strategic measures is Cinnatollah Tea Limited planning to implement to reverse its segment loss of ₹128.29 lakhs and restore profitability in the tea business?

How might the significant negative Total Comprehensive Income of ₹13,638.87 lakhs in FY26 impact Ganges Securities' ability to raise capital or pursue future investments?

Following the FY25 fund misappropriation incident at the subsidiary, what governance and internal control reforms has the company implemented to prevent recurrence?

More News on Ganges Securities

1 Year Returns:-26.12%