Take Solutions Ltd changes name to TAKE LIMITED effective June 25

1 min read     Updated on 27 Jun 2026, 04:19 AM
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Shriram SScanX News Team
AI Summary

Take Solutions Ltd has officially changed its name to TAKE LIMITED, effective June 25, 2026, following the receipt of a Certificate of Incorporation from the Ministry of Corporate Affairs. The company will now undertake necessary compliances with stock exchanges, depositories, and other regulatory authorities. The change follows a proposal disclosed on May 13, 2026.

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take solutions has officially changed its corporate name to TAKE LIMITED, effective June 25, 2026. The company received the Certificate of Incorporation pursuant to the change of name from the Ministry of Corporate Affairs, Government of India, on June 25, 2026. This development follows the company's earlier disclosure dated May 13, 2026, regarding the proposal for the name change.

The name change is effective from the date mentioned on the certificate, which was issued by the Registrar of Companies at the Central Processing Centre in Manesar, Haryana. The Corporate Identification Number (CIN) for the entity remains L63090TN2000PLC046338. The company is required to display its old name alongside the new name for a period of two years at all places where the name is required to be displayed, as per Section 12 of the Companies Act.

TAKE LIMITED will now proceed with the necessary compliances related to the name change with the Stock Exchanges, Depositories, Registrar and Share Transfer Agent, and other statutory or regulatory authorities. The company confirmed that the change of name does not affect the rights and liabilities of its stakeholders.

The intimation was submitted to the BSE Limited and the National Stock Exchange of India Limited in accordance with Regulations 30 and 45 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was digitally signed by Director Parmeshvar Dhangare.

Detail Information
Old Name TAKE SOLUTIONS LIMITED
New Name TAKE LIMITED
Effective Date June 25, 2026
CIN L63090TN2000PLC046338
Regulatory Reference Regulations 30 and 45 of SEBI (LODR) Regulations, 2015

Historical Stock Returns for Take Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-1.74%-15.65%-41.93%+117.60%-61.32%

What strategic rationale drove the decision to shorten the corporate name, and does it signal a shift in business focus?

How will the rebranding impact TAKE LIMITED's brand recognition and market positioning in the competitive financial technology sector?

Will the name change be accompanied by a refresh in corporate visual identity or marketing collateral?

Take Solutions returns to profit in FY26

2 min read     Updated on 23 Jun 2026, 01:34 AM
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AI Summary

Take Solutions Limited returned to profitability in FY26 with a net profit of ₹271.91 lakh, reversing the previous year's loss of ₹6,973.56 lakh. The turnaround was driven by the divestment of Ecron Acunova Limited and the clearance of debt obligations. Consolidated revenue from operations reached ₹5,418.53 lakh, while total equity improved to ₹3,100.14 lakh. Auditors issued a qualified opinion regarding pending tax assets.

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Take Solutions Limited returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹271.91 lakh compared to a net loss of ₹6,973.56 lakh in the previous year. The turnaround was driven by the divestment of its wholly owned subsidiary, Ecron Acunova Limited, in FY 2024-25, and the subsequent clearance of immediate statutory and debt obligations using the proceeds. The company reported revenue from operations of ₹661.75 lakh for the year, while total income reached ₹661.75 lakh. The Board of Directors approved the audited financial results at its meeting held on May 20, 2026.

Standalone Financial Performance

The company’s standalone financial results for the year ended March 31, 2026, show a significant recovery in its financial position. Total expenditure for the year was ₹374.82 lakh, resulting in a profit before exceptional items and tax of ₹286.93 lakh. The company reported earnings per share (EPS) of ₹0.18 for continuing operations for the year.

Metric Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs)
Total Income 661.75 1,387.48
Total Expenditure 374.82 1,012.94
Net Profit / (Loss) 271.91 (6,973.56)
Earnings Per Share (Basic) 0.18 (5.40)

Consolidated Results

On a consolidated basis, the group reported a net profit of ₹1,084.91 lakh for the year ended March 31, 2026, compared to a net profit of ₹3,746.71 lakh in the previous year. The previous year's profit was primarily driven by the gain on the divestment of Ecron Acunova Limited. Consolidated revenue from operations for the current year stood at ₹5,418.53 lakh. The group’s total equity improved to ₹3,100.14 lakh as at March 31, 2026, from ₹2,052.75 lakh as at March 31, 2025.

Audit Qualifications

The statutory auditors, A. Raghavendra Rao & Associates, expressed a qualified opinion on both the standalone and consolidated financial results. The qualification relates to income tax assets (net) amounting to ₹875.80 lakh in the standalone statements and ₹1,291.90 lakh in the consolidated statements. These assets pertain to various assessment years and are subject to disputes pending before various forums. The management has assessed these amounts as fully recoverable, and no impairment has been recognised. The auditors noted that the ultimate realisable value of these tax assets remains contingent upon the outcome of the proceedings. This qualification is repetitive, having been reported since the year ended March 31, 2023.

Going Concern and Future Outlook

The auditors highlighted that the company has undertaken meaningful steps towards business diversification following the divestment. The ongoing initiatives towards business partnerships and non-cash M&A transactions, together with the improved financial position, provide reasonable grounds for the continued preparation of the financial statements on a going concern basis.

Historical Stock Returns for Take Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+0.28%-1.74%-15.65%-41.93%+117.60%-61.32%

What specific business diversification strategies and partnerships is the company pursuing to replace the revenue lost from the Ecron Acunova divestment?

How does management plan to resolve the ongoing income tax disputes, and what is the potential financial impact if the courts rule against the company?

Will the company utilize its improved financial position and equity to pursue the mentioned non-cash M&A transactions in the near term?

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