Candour Techtex Limited Corrects Clerical Errors in Preferential Allottee List

1 min read     Updated on 16 Feb 2026, 06:54 PM
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Reviewed by
Naman SScanX News Team
Overview

Candour Techtex Limited proactively disclosed clerical corrections in preferential allottee names to stock exchanges on February 16, 2026. The corrections affect 17 equity allottees and 1 warrant allottee, involving spelling errors and name completions while maintaining unchanged PAN numbers, quantities, and consideration amounts. The company confirmed these rectificatory changes ensure regulatory compliance without altering allottee identities.

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*this image is generated using AI for illustrative purposes only.

Candour techtex Limited has proactively disclosed clerical corrections in its preferential allottee list to BSE Limited and Metropolitan Stock Exchange of India Limited on February 16, 2026. The company identified inadvertent clerical and typographical errors in the names of a limited number of proposed allottees during an internal review and reconciliation exercise.

Key Clarifications on Corrections

The company emphasized that all PAN numbers remain completely unchanged, with no alterations to the identity of any proposed allottee. The corrections are strictly limited to aligning allottee names with their respective PAN records, involving no substitution, addition, deletion, or replacement of any allottee.

Parameter Status
PAN Numbers Unchanged
Addresses Unchanged
Categories Unchanged
Securities Quantity Unchanged
Consideration Amount Unchanged
Total Allottees Within prescribed limits

Detailed Corrections in Equity Allottees

The corrections affect 17 equity allottees with various clerical issues including spelling errors, missing name components, and incorrect surnames. Notable corrections include Jinali Nilesh Shah corrected to Jinali Nilesh Mehta for 25,000 shares, and Shree Gurukrupa Tradelink Pvt Ltd name completion for 60,000 shares.

Correction Type Examples Quantity Range
Spelling Errors Sangeetaben to Sangitaben, Dhurvansh to Dhruvansh 20,000-30,000 shares
Name Completion Vishal Kumar to Prasanlal Vishal Kumar 20,000-60,000 shares
Surname Corrections Shah to Mehta, Kamani to Karnani 20,000-30,000 shares

Warrant Allottee Correction

One warrant allottee correction involves Janakben H Jhala corrected to Janakba H. Zala for 15,000 warrants, addressing both spelling and surname errors while maintaining the same PAN number.

Regulatory Compliance Confirmation

The company confirmed that these rectificatory corrections do not impact compliance with SEBI regulations, Companies Act 2013, or other applicable laws. The total number of proposed allottees remains within limits prescribed under Rule 14(2) of the Companies (Prospectus and Allotment of Securities) Rules, 2014. Managing Director Jayesh Ramniklal Mehta signed the disclosure, requesting exchange approval for the revised allottee list reflecting correct names as per PAN records.

Historical Stock Returns for Candour Techtex

1 Day5 Days1 Month6 Months1 Year5 Years
-2.62%+2.63%+15.18%+78.85%+60.31%+137.72%

Candour Techtex Reports Net Loss of ₹63.12 Lakhs in Q3FY26, Revenue Drops 85.70%

2 min read     Updated on 14 Feb 2026, 10:48 PM
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Reviewed by
Radhika SScanX News Team
Overview

Candour Techtex Limited reported a net loss of ₹63.12 lakhs for Q3FY26 against a profit of ₹28.08 lakhs in Q3FY25, with revenue from operations declining 85.70% to ₹664.01 lakhs. The significant revenue drop was primarily due to nil contribution from the Trading Division, which had generated ₹4,161.24 lakhs in the previous year. For nine months ended December 2025, the company posted a loss of ₹263.58 lakhs compared to a profit of ₹141.46 lakhs in the corresponding period last year.

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Candour Techtex Limited has announced its unaudited standalone financial results for the quarter ended 31st December 2025, revealing a challenging operational performance with significant revenue decline and profitability concerns.

Financial Performance Overview

The company reported a net loss of ₹63.12 lakhs for Q3FY26 compared to a profit of ₹28.08 lakhs in the corresponding quarter of the previous year. This represents a substantial deterioration in profitability, marking a shift from positive to negative earnings.

Financial Metric Q3FY26 Q3FY25 Change
Revenue from Operations ₹664.01 lakhs ₹4,642.82 lakhs -85.70%
Total Income ₹781.25 lakhs ₹4,665.17 lakhs -83.26%
Net Profit/(Loss) ₹(63.12) lakhs ₹28.08 lakhs Loss
Earnings Per Share ₹(0.34) ₹0.17 Negative

Revenue Analysis

Revenue from operations declined dramatically by 85.70% to ₹664.01 lakhs in Q3FY26 from ₹4,642.82 lakhs in Q3FY25. Other income increased significantly to ₹117.24 lakhs from ₹22.34 lakhs, partially offsetting the operational revenue decline. Total income decreased to ₹781.25 lakhs from ₹4,665.17 lakhs in the previous year.

Nine Months Performance

For the nine months ended 31st December 2025, the company's performance showed similar trends with revenue declining to ₹6,060.32 lakhs from ₹13,427.86 lakhs in the corresponding period of the previous year. The company reported a net loss of ₹263.58 lakhs compared to a profit of ₹141.46 lakhs in the nine months ended 31st December 2024.

Segment-wise Performance

The company operates across multiple segments with varying performance levels:

Segment Q3FY26 Revenue Q3FY25 Revenue
Textile Division ₹257.29 lakhs ₹245.65 lakhs
Plastic Division ₹189.84 lakhs ₹91.71 lakhs
Trading Division Nil ₹4,161.24 lakhs
Technical Textile Division ₹180.54 lakhs ₹92.27 lakhs

The Trading Division, which contributed significantly to revenue in Q3FY25 with ₹4,161.24 lakhs, reported no revenue in Q3FY26, explaining the substantial overall revenue decline.

Corporate Developments

The company's paid-up equity share capital increased during the quarter due to the allotment of 4,00,000 equity shares of ₹10 each at a premium of ₹73.70 per share on 12th December 2025, following the exercise of warrant conversion options by allottees. The board meeting to approve these results was held on 14th February 2026, with the meeting commencing at 3:00 pm and concluding at 4:15 pm.

Historical Stock Returns for Candour Techtex

1 Day5 Days1 Month6 Months1 Year5 Years
-2.62%+2.63%+15.18%+78.85%+60.31%+137.72%

More News on Candour Techtex

1 Year Returns:+60.31%