Promoters of Visaman Global Sales Limited have declared that they hold 1,20,30,861 equity shares as of March 31, 2026, and have not encumbered any shares directly or indirectly during the financial year ended March 31, 2026. Mitulkumar Sureshchandra Vasa, a promoter, submitted this declaration on behalf of all promoters, the promoter group, and persons acting in concert to the National Stock Exchange of India Limited and the company's Audit Committee. The disclosure ensures transparency regarding the financial stability of the promoter group and confirms the absence of pledged shares for the specified period.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to disclose the status of share encumbrances to safeguard shareholder interests. The declaration confirms that no shares were pledged or otherwise encumbered during FY26.

Shareholding Details

The declaration encompasses 28 individuals and entities classified as either promoters or members of the promoter group. The list includes key individuals such as Sureshchandra Gulabchand Vasa, Mitulkumar Sureshchandra Vasa, and Ilaben Sureshchandra Vasa, as well as entities like Visaman Holdings Private Limited and two Hindu Undivided Families (HUFs).

Visaman Global Sales Limited reported a net profit of ₹605.65 lakh for the year ended March 31, 2026, marking a 182.7% increase compared to ₹214.21 lakh in the previous year. Revenue from operations for FY26 stood at ₹24,864.69 lakh, while total revenue reached ₹25,052.94 lakh. The board approved the audited financial results for the standalone and consolidated accounts on May 27, 2026.

Financial Performance

The company’s profit before tax for FY26 was ₹806.53 lakh, up from ₹248.45 lakh in FY25. For the half-year ended March 31, 2026, the net profit was ₹318.35 lakh, compared to ₹82.76 lakh in the corresponding period of the previous year. Total expenses for the year increased to ₹24,246.41 lakh from ₹26,423.37 lakh in the prior year.

Capital Structure and Fundraising

During the year, the company raised ₹4,820.46 lakh through a preferential issue of 55,59,100 equity shares and 42,00,000 equity share warrants. Of the warrants issued, 19,00,000 were converted into equity shares, while 23,00,000 warrants remain pending conversion. The company received ₹345.00 lakh as upfront subscription money for the unconverted warrants. The proceeds are intended for working capital and general corporate purposes.

Subsidiary and Consolidation

Visaman Global Sales incorporated a wholly owned subsidiary, VRV Techsol Limited, on September 30, 2025. Consequently, the company presented its consolidated financial results for the first time for the year ended March 31, 2026. The consolidated net profit for the year was ₹604.73 lakh on a total revenue of ₹25,053.28 lakh.

Auditor's Report

Statutory auditors M/s. D. K. Kalyani & Associates issued an audit report with an unmodified opinion for the standalone and consolidated financial results. The auditors confirmed that the financial results give a true and fair view of the company's financial performance for the year ended March 31, 2026.