Axel Polymers Promoter Reduces Stake: Aarasp Bodhanwala Sells 60,986 Shares

Axel Polymers Limited recently witnessed a significant change in its promoter shareholding. Aarasp Bodhanwala, a Promoter and Director of the company, has reduced his stake through an open market transaction.

Transaction Details

Aspect	Details
Shares Sold	60,986 equity shares
Transaction Value	Rs. 3,388,382.16
Mode of Transaction	Open Market
Date of Transaction	December 3, 2025
Date of Intimation to Company	December 3, 2025
Date of Intimation to Exchange	December 5, 2025

Impact on Shareholding

Shareholding	Before Transaction	After Transaction
Number of Shares	987,020	926,034
Percentage Holding	11.59%	10.87%

The transaction resulted in a decrease of 0.72 percentage points in Bodhanwala's shareholding in Axel Polymers Limited.

Regulatory Compliance

The company has duly reported this insider trading activity to the BSE Limited, in compliance with the Securities and Exchange Board of India (SEBI) (Prohibition of Insider Trading) Regulations, 2015. The disclosure was made using Form C, as required under Regulation 7(2) read with Regulation 6(2) of the SEBI regulations.

About Axel Polymers Limited

Axel Polymers Limited is listed on the BSE. The company's registered office is located in Vadodara, Gujarat. As a listed entity, Axel Polymers is subject to various regulatory requirements, including prompt disclosure of insider trading activities.

This transaction underscores the importance of transparency in the stock market, particularly concerning the trading activities of company insiders and promoters. Investors and market participants often closely monitor such transactions as they can provide insights into the confidence levels of company insiders.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-9.93%	+1.78%	+15.87%	+38.20%	-8.40%	+273.46%

Axel Polymers Limited has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showing a modest profit despite facing an ongoing GST investigation.

Financial Performance

The company reported revenue from operations of Rs. 1071.96 crore for the quarter, with a profit of Rs. 0.72 crore. For the half-year, revenue reached Rs. 2245.29 crore with a profit of Rs. 5.11 crore.

Here's a breakdown of the key financial metrics:

Particulars (in Rs. crore)	Q2 2025	H1 2025
Revenue from Operations	1071.96	2245.29
Total Revenue (Net)	1074.39	2245.29
Total Expenses	1073.67	2240.19
Profit Before Tax	0.72	5.11
Net Profit	0.72	5.11

GST Investigation

Axel Polymers faces an ongoing GST investigation by authorities regarding alleged wrongful availment of Input Tax Credit. Search proceedings were conducted at the factory premises in July 2024. While no formal Show Cause Notice has been issued yet, the company has deposited Rs. 1 crore under protest as a penalty during the investigation.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on November 13, 2025. The company's statutory auditors, M/s. Mukund and Rohit, Chartered Accountants, have conducted a limited review of these results.

Balance Sheet Highlights

As of September 30, 2025, Axel Polymers reported:

Particulars (in Rs. crore)	Sep 30, 2025	Mar 31, 2025
Total Assets	6609.31	6741.57
Total Equity	1522.35	1513.84
Total Liabilities	5086.96	5227.73

Cash Flow

The company's cash flow statement shows:

Particulars (in Rs. crore)	Sep 30, 2025	Mar 31, 2025
Net Cash From Operating Activities	435.56	-366.44
Net Cash From Investing Activities	20.98	-87.04
Net Cash From Financing Activities	386.90	569.21
Closing Cash and Cash Equivalents	245.98	218.30

Axel Polymers continues to operate in a challenging environment, balancing its financial performance with regulatory scrutiny. The ongoing GST investigation adds an element of uncertainty to the company's operations, and investors may want to monitor developments closely.