TTI Enterprise delists shares from Calcutta Stock Exchange

1 min read     Updated on 30 May 2026, 02:40 PM
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Suketu GScanX News Team
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TTI Enterprise Limited has completed the voluntary delisting of its equity shares from the Calcutta Stock Exchange Limited effective May 22, 2026, under SEBI regulations. The company received the necessary approval from the CSE on May 21, 2026. Trading of the company's shares will continue on the BSE Limited without interruption.

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TTI Enterprise Limited has successfully delisted its equity shares from the Calcutta Stock Exchange Limited (CSE) effective May 22, 2026. The voluntary delisting was approved by the CSE via letter reference number CSE/LD/DL/18090/2026 dated May 21, 2026, which the company received on May 29, 2026. This move was undertaken in compliance with the Securities Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.

Following the delisting from the CSE, the shares of TTI Enterprise will continue to be listed on the BSE Limited. The company communicated this material event to the BSE pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The approval from the regional exchange concludes the voluntary delisting process for the specific scrip codes associated with the CSE. The company remains operational and its securities are still available for trading on the national exchange platform.

Delisting Details

The following table outlines the specific details regarding the delisting of the company's shares from the Calcutta Stock Exchange:

Name of the Company Scrip Code De-listed with effect from
TTI ENTERPRISES LIMITED 30137 & 10030137 22/05/2026

The disclosure was formally submitted to the BSE by Hemant Agarwal, Executive Director of TTI Enterprise Limited.

Historical Stock Returns for TTI Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%-3.35%-15.98%+3.34%-25.82%+354.35%

What cost savings or operational efficiencies does TTI Enterprise expect to achieve by exiting the Calcutta Stock Exchange?

Could this delisting signal a broader trend of regional exchanges losing relevance in favor of national platforms like the BSE?

Will the company's liquidity and trading volume on the BSE be impacted by the consolidation of its listing to a single exchange?

TTI Enterprise reports FY26 loss, seeks NBFC exit

2 min read     Updated on 28 May 2026, 02:36 AM
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TTI Enterprise reported a net loss of ₹141.14 lakh for FY26, reversing the previous year's profit of ₹91.04 lakh, as total expenses rose to ₹364.37 lakh. Revenue from operations declined to ₹246.31 lakh, driven by lower interest income. The auditors flagged concerns regarding audit trail compliance and the recoverability of a ₹2.37 crore loan to an NCLT borrower. Additionally, the company has applied to the RBI to voluntarily surrender its NBFC registration.

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TTI Enterprise reported a net loss of ₹141.14 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹91.04 lakh recorded in the previous year. The company's total revenue from operations fell to ₹246.31 lakh in FY26 from ₹284.03 lakh in FY25, primarily driven by a decrease in interest income. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026.

The statutory auditor, M/s. Mark & Co., issued an audit report with an unmodified opinion. However, the auditors highlighted an emphasis of matter regarding the company's compliance with audit trail requirements under the Companies (Audit and Auditors) Rules, 2014. Due to the non-availability of complete information and system records, the auditors were unable to confirm whether the audit trail feature was enabled and preserved throughout the year as required.

Financial Performance

The company's financial performance for the year was impacted by rising expenses. Total expenses increased to ₹364.37 lakh in FY26 from ₹192.86 lakh in the previous year. Administrative and other expenses surged to ₹321.22 lakh from ₹135.19 lakh, while finance costs rose to ₹11.12 lakh from ₹7.69 lakh. Consequently, the net profit for the period before tax stood at a loss of ₹118.06 lakh, compared to a profit of ₹91.18 lakh in FY25.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Revenue from Operations 246.31 284.03
Total Expenses 364.37 192.86
Net Profit / (Loss) for the period (141.14) 91.04
Earnings Per Share (Basic) (0.56) 0.36

Key Audit Matters and Regulatory Updates

The auditors identified the assessment of recoverability of a loan exposure worth ₹2.37 crore to a borrower undergoing insolvency proceedings before the NCLT as a key audit matter. This assessment involves significant management judgment regarding future recoveries and the realizable value of underlying assets.

In a strategic development, the company has submitted an application to the Reserve Bank of India on May 4, 2026, seeking voluntary surrender of its Certificate of Registration as a Non-Banking Financial Company. The application was pending consideration by the RBI at the time of the report.

Board Appointments

Based on the recommendation of the Audit Committee, the board appointed Ms. Harshaben Tolaram Bhagwani as the internal auditor for the financial year 2026-27. Ms. Bhagwani holds a Master's degree in Commerce with specialization in Accounts and possesses five years of experience in accounting and taxation.

Historical Stock Returns for TTI Enterprise

1 Day5 Days1 Month6 Months1 Year5 Years
-3.24%-3.35%-15.98%+3.34%-25.82%+354.35%

What is the expected timeline and likelihood of RBI approval for the voluntary surrender of the NBFC license?

How will the company address the auditor's concerns regarding the non-compliance with audit trail requirements before the next audit?

What provisions or write-downs does the company anticipate regarding the ₹2.37 crore loan exposure currently under insolvency proceedings?

More News on TTI Enterprise

1 Year Returns:-25.82%