Vinny Overseas Limited has received a declaration from its promoter confirming that no shares held by the promoter group were encumbered during the Financial Year 2025-2026. The disclosure, submitted to the National Stock Exchange of India Limited and BSE Limited, provides assurance regarding the absence of pledges or charges on the promoter's shareholding for the specified period.

The declaration was made by Hiralal Jagdishchand Parekh, a promoter of Vinny Overseas , on behalf of himself and the members of the Promoter Group and Persons Acting in Concert (PAC). The filing was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

In the communication addressed to the stock exchanges and the company's Audit Committee, Parekh stated that neither he nor the other members of the promoter group or PAC have made any encumbrance, directly or indirectly, over the shares of the company held by them during the financial year. The document was digitally signed on April 07, 2026.

The disclosure is part of the regulatory requirements aimed at ensuring transparency in the shareholding patterns of listed entities. By confirming the absence of encumbrances, the company signals that the promoters' shareholding remains free from liens or pledges that could potentially impact the voting rights or transferability of the shares.

Vinny Overseas Limited, a Government Recognised One Star Export House, manufactures rayon, cotton, polyester, and fashion wear fabrics. The company is headquartered in Ahmedabad, Gujarat, and its shares are traded on the NSE and BSE under the symbol VINNY.

Vinny Overseas Limited has announced its audited financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting on May 20, 2026. The company reported a net profit of Rs 92.25 lakh for the full year, a significant decline from Rs 515.42 lakh in the previous year. For the fourth quarter, the profit stood at Rs 41.94 lakh compared to Rs 100.73 lakh in the corresponding quarter of the previous year. The statutory auditors issued an unmodified opinion on the audited financial results.

Financial Performance

The company's revenue from operations for the quarter ended March 31, 2026, was Rs 3,710.04 lakh, up from Rs 3,226.72 lakh in the same period last year. Total income for the quarter rose to Rs 3,784.00 lakh. However, total expenses also increased to Rs 3,747.78 lakh. The decline in annual profit was primarily attributed to a decrease in other income, specifically a reduction in VAT/SGST concession subsidy receipts under the Gujarat Textile Policy, 2012.

Board Decisions

The board approved the reappointment of M/s. P PRAJAPAT & ASSOCIATES as Internal Auditor and M/s. KVM & Co. as Cost Auditor for the financial year 2026-27. These appointments were based on the recommendations of the Audit Committee. The meeting was held in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Asset Position

As of March 31, 2026, the company's total assets were valued at Rs 12,420.50 lakh, an increase from Rs 10,609.36 lakh in the previous year. Cash and cash equivalents decreased to Rs 110.48 lakh from Rs 613.15 lakh at the end of the previous year.