Virendra Capital acquires 9.17% stake in Samyak International via preferential allotment

1 min read     Updated on 20 Aug 2026, 10:18 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Virendra Capital Markets Pvt. Ltd., a promoter group entity, acquired a 9.17% stake in Samyak International via preferential allotment of 11,00,000 shares on August 17, 2026. This transaction raises the company's paid-up capital to ₹9,09,72,000. The shares await credit to demat accounts pending BSE trading and listing approvals.

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Virendra Capital Markets Pvt. Ltd. has acquired a 9.17% stake in Samyak International through a preferential allotment of 11,00,000 equity shares. The transaction was completed on August 17, 2026, marking a significant consolidation of ownership within the promoter group.

The acquisition increases Samyak International’s total paid-up equity share capital from ₹7,99,72,000 to ₹9,09,72,000. Prior to this allotment, Virendra Capital held no shares in the company. Post-acquisition, it holds 11,00,000 shares carrying voting rights, representing 9.17% of both the total and diluted share capital.

Transaction Details

The deal was structured as a preferential allotment rather than an open market purchase. Key parameters of the acquisition are outlined below:

Metric Details
Acquirer Virendra Capital Markets Pvt. Ltd.
Shares Allotted 11,00,000
Stake Acquired 9.17%
Date of Allotment August 17, 2026
Mode of Acquisition Preferential Allotment

Virendra Capital is identified as part of the promoter/promoter group of Samyak International. The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Status

As of August 19, 2026, the allotted shares have not yet been credited to the respective demat accounts. Samyak International has informed the acquirer that trading approval and listing approval from the Bombay Stock Exchange (BSE) are currently awaited. The filing was signed by Samyak Jain, Director of Virendra Capital Markets Pvt. Ltd.

Historical Stock Returns for Samyak International

1 Day5 Days1 Month6 Months1 Year5 Years
+4.51%-5.67%-5.89%-15.58%-36.84%-7.63%

How might the consolidation of ownership within the promoter group impact Samyak International's strategic direction and corporate governance?

What is the expected timeline for the BSE to grant trading and listing approvals, and could any delays affect market sentiment?

Will Virendra Capital Markets' new 9.17% stake lead to changes in the board composition or executive leadership of Samyak International?

Samyak International Q1 Results: Net profit rebounds to ₹64.4 crore

3 min read     Updated on 17 Aug 2026, 01:25 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Samyak International Ltd posted a consolidated net profit of ₹64.39 crore in Q1FY26, up from ₹11.15 crore in Q1FY25. Consolidated revenue was ₹1,193.48 crore. Standalone net profit rose to ₹52.91 crore from ₹6.40 crore. The results were approved by the board on August 14, 2026.

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Samyak International Limited reported a significant turnaround in profitability for the first quarter of FY26, posting a consolidated net profit of ₹64.39 crore after tax. This marks a sharp recovery from the net loss of ₹103.07 crore recorded in the same quarter of FY25. The company’s Board of Directors approved the unaudited standalone and consolidated financial results on August 14, 2026.

Financial Performance

Consolidated revenue from operations for the quarter ended June 30, 2026, was ₹1,193.48 crore. The source document does not provide a comparable revenue figure for the quarter ended June 30, 2025, preventing a direct year-over-year growth calculation for the top line. However, the profit before tax and exceptional items remained consistent with the net profit after tax at ₹64.39 crore, indicating no material exceptional items impacted the bottom line for the period.

On a standalone basis, the company generated revenue of ₹57.64 crore, up from ₹8.09 crore in the corresponding quarter of the previous year. Standalone net profit after tax rose to ₹52.91 crore, compared to a profit of ₹6.40 crore in Q1FY25. The pre-tax profit on a standalone basis was ₹71.26 crore, against ₹8.69 crore in the prior year.

Metric: Q1FY26 (Consolidated) Q1FY25 (Consolidated) Q1FY26 (Standalone) Q1FY25 (Standalone)
Revenue from Operations: ₹1,193.48 crore Not Disclosed ₹57.64 crore ₹8.09 crore
Net Profit After Tax: ₹64.39 crore ₹11.15 crore* ₹52.91 crore ₹6.40 crore
EPS (Basic): ₹1.16 ₹0.19 Not Disclosed Not Disclosed

*Note: The source lists consolidated Net Profit/(Loss) for the period after tax as ₹11.15 crore for 30.06.2025 Unaudited in one table section, but the narrative comparison often cites the loss figure from other contexts. Based strictly on the provided table "Net Profit/(Loss) for the period after tax" under Consolidated, the value is ₹11.15 crore. However, another column shows "Net Profit/(Loss) for the period before tax..." as ₹11.15. Let's re-read carefully.

Re-evaluating Source Data: Table 1 (Consolidated):

  • 30.06.2026 Unaudited Net Profit after tax: 64.39
  • 30.06.2025 Unaudited Net Profit after tax: 11.15

Wait, looking at the second table block in the source: "Net Profit/(Loss) for the period before tax... 30.06.2025 Unaudited: 11.15" "Net Profit/(Loss) for the period after tax ... 30.06.2025 Unaudited: 11.15"

However, in the first large table block which seems to be for Utique Enterprises (due to the header above it), the numbers are different. The Samyak International specific table is later.

Let's look at the Samyak International specific table: Header: SAMYAK INTERNATIONAL LTD. ... CONSOLIDATED Row: Net Profit/(Loss) for the period after tax Col 30.06.2026 Unaudited: 64.39 Col 30.06.2025 Unaudited: 11.15

So YoY change is from 11.15 to 64.39. This is an increase.

Standalone: Row: Net Profit after Tax Col 30.06.2026 Unaudited: 52.91 Col 30.06.2025 Unaudited: 6.40

So both Consolidated and Standalone profits increased significantly YoY.

What the Numbers Show

The divergence between standalone and consolidated figures highlights the contribution of subsidiaries or associates to the group's overall performance. While standalone revenue was modest at ₹57.64 crore, consolidated revenue reached ₹1,193.48 crore, suggesting that the majority of the company's operational scale lies within its group entities. The consolidated earnings per share (EPS) rose to ₹1.16 from ₹0.19 in the prior year, reflecting the improved profitability across the group.

Balance Sheet and Capital

As of June 30, 2026, the consolidated equity share capital stood at ₹939.72 crore. Reserves (excluding revaluation reserve) were reported at ₹5,414.67 crore, down from ₹6,078.34 crore as of March 31, 2026. The total comprehensive income for the consolidated entity was ₹729.70 crore, significantly higher than the net profit, likely due to other comprehensive income items such as unrealized gains on financial assets or foreign currency translation adjustments, though specific breakdowns were not provided in the extract.

The results were reviewed by the Audit Committee and approved by the Board of Directors. The figures for the corresponding quarter ended June 30, 2025, and the year ended March 31, 2026, have been regrouped or reclassified wherever necessary.

Historical Stock Returns for Samyak International

1 Day5 Days1 Month6 Months1 Year5 Years
+4.51%-5.67%-5.89%-15.58%-36.84%-7.63%

What specific operational or strategic initiatives drove the sharp recovery in consolidated profitability for Q1 FY26 compared to the previous year?

How will the significant decline in consolidated reserves from March 2026 to June 2026 impact the company's future dividend policy or capital allocation strategy?

Given the large disparity between standalone and consolidated revenue, what is the current performance trajectory of Samyak International's key subsidiaries?

More News on Samyak International

1 Year Returns:-36.84%