Telogica promoter holding falls to 17.52% after reclassification

2 min read     Updated on 01 Jul 2026, 05:35 PM
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Shriram SScanX News Team
AI Summary

Telogica Ltd's promoter holding dropped to 17.52% after BSE approved the reclassification of 14 shareholders to the public category. The move increases public holding to 82.48%. BSE also issued an advisory regarding a delay in the disclosure of the reclassification application submitted in 2023.

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Telogica Ltd has reduced its promoter holding to 17.52% following the reclassification of 14 shareholders from the promoter group to the public category. BSE granted the no-objection for this change on June 30, 2026, effective immediately upon receipt of the approval letter. This shift increases the public shareholding to 82.48%, altering the company's ownership structure significantly.

The exchange approved the application based on submissions made by the company under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification affects individuals including Veerababa Reddy Pendru, Binu Bhansali, and Shailaja Gangavaram, among others, who collectively held 0.57% of the total share capital prior to this change.

The transition in shareholding is detailed in the table below:

Quarter Promoter Holding Public Holding
Shares Held Percentage Shares Held Percentage
Pre-Reclassification 1,18,14,373 18.09 5,35,08,659 81.91
Post-Reclassification 1,14,40,688 17.52 5,38,82,344 82.48

Details of Reclassified Shareholders

The specific shareholders moving from the promoter to public category are listed below with their respective holdings:

Sr. No. Name of Outgoing Promoter(s) No. of Shares % Shareholding
1. VEERABABA REDDY PENDRU 45,117 0.07%
2. BINU BHANSALI 4,800 0.01%
3. PAVANI YEMULA 100 0%
4. K V RAMANA REDDY 6,738 0.01%
5. PIDUGU GANGA REDDY 6,000 0.01%
6. VENKATRAMI REDDI GORLA 8,741 0.01%
7. VENKATA SUNDARA RAMAGOPAL ACHANTA 6,000 0.01%
8. NAYANSUKH REDDY BADDAM 17,369 0.03%
9. CHILAKAPATI PEDA BAPULU 0 0%
10. RAHUL KATPALLY 12,457 0.02%
11. SHAILAJA GANGAVARAM 2,11,685 0.32%
12. KATPALLY PRASHANTHI REDDY 54,668 0.08%
13. GANGAVARAM RAMA MANOHAR REDDY 10 0%
14. AMULYA REDDY GANGAVARAM 0 0%
Total 3,73,685 0.57%

Regulatory Compliance and Advisory

Alongside the approval, BSE issued an advisory letter noting a delay in the initial disclosure process. The company had submitted its application for reclassification on June 03, 2023, but the required disclosure to the exchange was made on June 17, 2023, instead of the mandated deadline of June 04, 2023. The exchange viewed this non-compliance seriously and advised the company to exercise due diligence to prevent future lapses.

Historical Stock Returns for Telogica

1 Day5 Days1 Month6 Months1 Year5 Years
+3.43%-4.33%+2.58%+9.34%-18.04%+328.88%

How will the reduced promoter holding impact Telogica Ltd's ability to drive strategic decisions and maintain corporate governance stability?

Will the increased public shareholding lead to higher liquidity and trading volumes for the company's stock on the BSE?

Could this reclassification be a precursor to a further dilution of promoter stakes or a potential change in control?

Telogica reports revenue growth for FY26

1 min read     Updated on 30 May 2026, 02:35 PM
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Telogica reported audited standalone financial results for the quarter and year ended March 31, 2026, revealing a total income of ₹3,273.76 lakh for the year. The company’s net profit after tax for FY26 stood at ₹142.61 lakh, while revenue from operations for the year was recorded at ₹3,238.88 lakh. In the fourth quarter, revenue from operations reached ₹1,436.00 lakh.

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Telogica reported its audited standalone financial results for the fourth quarter and financial year ended March 31, 2026, revealing a total income of ₹3,273.76 lakh for the year. The company’s net profit after tax for FY26 stood at ₹142.61 lakh, while revenue from operations for the year was recorded at ₹3,238.88 lakh. These figures were approved by the Board of Directors during its meeting held on May 29, 2026.

Financial Performance Overview

For the quarter ended March 31, 2026, Telogica achieved revenue from operations of ₹1,436.00 lakh, a significant increase compared to the corresponding quarter in the previous year. The net profit after tax for Q4FY26 was ₹95.91 lakh. Total income for the quarter, which includes other income, was ₹1,438.77 lakh.

The company’s expenses for the year totaled ₹3,099.10 lakh. Key expense components included purchases of stock-in-trade at ₹3,032.89 lakh and employee benefits expense at ₹497.82 lakh. Finance costs for the year were ₹33.91 lakh, while depreciation and amortization expenses amounted to ₹34.12 lakh.

Key Financial Metrics

The following table summarizes the audited financial results for Telogica for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited)
Revenue from Operations ₹1,436.00 ₹3,238.88
Total Income ₹1,438.77 ₹3,273.76
Total Expenses ₹1,346.31 ₹3,099.10
Net Profit after Tax ₹95.91 ₹142.61
Basic EPS (₹5/- each) ₹0.16 ₹0.27

Regulatory and Operational Details

The statutory auditors submitted a Limited Review Report on the audited financial results. The financial statement was prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The advertisement containing these results was published in the Financial Express and Andhra Prabha on May 30, 2026, pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015.

Historical Stock Returns for Telogica

1 Day5 Days1 Month6 Months1 Year5 Years
+3.43%-4.33%+2.58%+9.34%-18.04%+328.88%

What strategic initiatives will Telogica implement to sustain the strong Q4 revenue growth into the next fiscal year?

How does the company plan to manage the high cost of stock-in-trade to improve overall profit margins?

Are there any planned capital expenditures or operational expansions that could impact depreciation costs in FY27?

More News on Telogica

1 Year Returns:-18.04%