Cybele Industries Promoters Execute Major Share Transfer Through Family Gift

2 min read     Updated on 12 Nov 2025, 10:30 AM
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Reviewed by
Naman SScanX News Team
Overview

Cybele Industries Limited announced a significant reshuffling of promoter shareholding through gift transactions. Mr. Joykutty and Mrs. Annamma Joy transferred 36.17% (38,69,032 shares) of the company to their sons, Thomas P Joy and George P Joy. Post-transfer, both sons now hold over 31% each in the company. The transaction complies with SEBI's exemption regulations for transfers among immediate relatives within the promoter group. The aggregate promoter group holding remains unchanged at 64.01%.

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

Cybele Industries Limited has witnessed a substantial reshuffling of its promoter shareholding through a series of gift transactions. The company announced that two of its promoters, Mr. Joykutty and Mrs. Annamma Joy, have transferred significant stakes to their sons, Thomas P Joy and George P Joy, in a move that has altered the ownership structure within the promoter group.

Key Details of the Share Transfer

The inter-se transfer involved a total of 36.17% of the company's shares. Here's a breakdown of the transaction:

Transferor (Seller) Transferee (Acquirer) Shares Transferred % of Total Shareholding
Mr. Joykutty and Mrs. Annamma Joy Thomas P Joy and George P Joy 38,69,032 36.17

Impact on Shareholding Pattern

The gift transaction has resulted in a significant redistribution of shares within the promoter group. Following the transfer, both Thomas P Joy and George P Joy now hold over 31% each in Cybele Industries Limited.

Regulatory Compliance

The company has emphasized that this inter-se transfer falls under the exemption provisions of SEBI regulations. Specifically, it complies with SEBI's exemption regulations for transfers among immediate relatives within the promoter group.

Key Points to Note

  • The transfer was executed as a gift, with no monetary consideration involved.
  • The aggregate promoter group holding remains unchanged at 64.01% after the transaction.
  • The company has confirmed compliance with all applicable SEBI regulations.

This significant reshuffling of shares within the promoter group of Cybele Industries reflects a generational shift in ownership, with the younger generation of the Joy family taking on larger stakes in the company. While the overall promoter holding remains constant, the individual control within the group has seen a marked change.

Historical Stock Returns for Cybele Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.13%-14.51%+26.43%+18.77%-17.82%+379.88%
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Cybele Industries Reports Strong Q2 Performance, Approves Investments in Subsidiaries

1 min read     Updated on 11 Nov 2025, 05:00 AM
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Reviewed by
Jubin VScanX News Team
Overview

Cybele Industries Limited reported a significant financial improvement for Q2 FY2026. Total income rose by 392.85% year-over-year to Rs. 1703.58 lakhs, with net profit reaching Rs. 863.17 lakhs compared to a loss in the previous year. The company's board approved investments of up to Rs. 7 crores each in its wholly-owned subsidiaries, Cybele Electronics and Cybele Electra. Additionally, Mr. V. Santhosh was appointed as Company Secretary and Compliance Officer.

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

Cybele Industries Limited , a leading player in the cable and wire manufacturing sector, has reported a significant surge in its financial performance for the quarter ended September 30, 2025. The company's board has also approved strategic investments in its wholly-owned subsidiaries.

Financial Highlights

Cybele Industries witnessed a substantial increase in its total income from operations for Q2 FY2026:

Particulars (in lakhs) Q2 FY2026 Q2 FY2025 YoY Change
Total Income 1703.58 345.66 392.85%
Net Profit After Tax 863.17 (579.30) 248.97%

The company's performance showed a remarkable improvement, with total income rising by 392.85% year-over-year. Net profit after tax reached Rs. 863.17 lakhs, compared to a loss of Rs. 579.30 lakhs in the same quarter of the previous year.

Segment-wise Performance

Cybele Industries operates in two primary segments:

  1. Cables: Revenue from this segment stood at Rs. 743.09 lakhs for Q2 FY2026.
  2. Real Estate: This segment contributed significantly with revenue of Rs. 960.49 lakhs.

Board Approvals

The Board of Directors has approved several key decisions:

  1. Investments in Subsidiaries: The company will invest up to Rs. 7 crores each in its wholly-owned subsidiaries - Cybele Electronics Private Limited and Cybele Electra Private Limited. This investment will be made through subscription to rights issues of equity shares.

  2. Appointment of Company Secretary: Mr. V. Santhosh has been appointed as the Company Secretary and Compliance Officer. Mr. Santhosh brings over five years of experience in corporate and secretarial compliance.

Subsidiary Performance

  • Cybele Electronics Private Limited, incorporated on February 24, 2024, reported a turnover of Rs. 129.18 lakhs for FY 2024-25.
  • Cybele Electra Private Limited, incorporated on February 26, 2024, reported a turnover of Rs. 135.30 lakhs for FY 2024-25.

Conclusion

Cybele Industries' strong financial performance, coupled with strategic investments in its subsidiaries, indicates the company's commitment to growth and expansion in the cable and wire manufacturing industry. The appointment of a new Company Secretary also reflects the company's focus on strengthening its corporate governance practices.

Investors and stakeholders will likely be watching closely to see how these strategic moves translate into long-term value creation for the company.

Historical Stock Returns for Cybele Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-3.13%-14.51%+26.43%+18.77%-17.82%+379.88%
Cybele Industries
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