Candour Techtex Limited has issued a clarification regarding clerical errors in its preferential allottee list submitted to BSE Limited and Metropolitan Stock Exchange of India Limited. The company identified specific inadvertent errors in the allottee annexure that accompanied the allotment intimation.

Specific Clerical Errors Identified

The company disclosed that Ms. Chika Nirav Gala's name was mistakenly mentioned twice in the original annexure for allotment of 20,000 and 16,000 equity shares. However, the company has actually allotted only 16,000 equity shares to her. Additionally, the annexure inadvertently omitted the name of Ms. Bhavana Rajesh Bhanushali, who has been duly allotted 20,000 equity shares.

Comprehensive Allotment Details

The revised allottee list reveals the complete scope of the preferential issue. For equity shares, the company has allotted a total of 52,54,700 shares worth ₹65,68,37,500 to 159 allottees. The largest individual allotment went to Sweta Lath with 2,50,000 shares valued at ₹3,12,50,000, followed by Pradeep Sekhri with 1,60,000 shares worth ₹2,00,00,000.

Warrant Allottee Distribution

For convertible warrants, the company has allotted 79,72,600 warrants to 69 allottees. Managing Director Jayesh R. Mehta received the largest warrant allotment of 55,20,000 warrants, followed by Kadoli Investment Limited with 5,00,000 warrants and S.V. Enterprises with 1,60,000 warrants.

Regulatory Compliance Confirmation

The company emphasized that these corrections are purely clerical in nature and do not affect the substance of the allotments. All PAN numbers, addresses, categories, securities quantities, consideration amounts, and the total number of allottees remain unchanged and within prescribed regulatory limits. Managing Director Jayesh Ramniklal Mehta signed the clarification, requesting exchange approval for the revised allottee list that accurately reflects the names as per official records.

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.

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:

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.