Davin Sons Retail has unveiled plans for a significant fund-raising initiative through a preferential allotment of equity shares and warrants. This move comes following shareholder approval obtained at an Extraordinary General Meeting held on September 9, 2025.

Fund Raising Details

The company aims to raise a total of ₹2768.75 lakhs through the following means:

Project Cost Allocation

The total estimated project cost amounts to ₹849.60 lakhs, which will be utilized as follows:

It's worth noting that while the preferential issue will raise ₹2768.75 lakhs, the company plans to use ₹768.75 lakhs for the immediate project costs. The remaining ₹80.85 lakhs required for the project will be met through the company's internal accruals.

Regulatory Compliance

Davin Sons Retail has confirmed its commitment to regulatory compliance by stating that it will submit a statement of deviation or variation concerning this preferential allotment in accordance with Regulation 32 of the SEBI LODR Regulations, 2015.

This strategic move by Davin Sons Retail appears to be aimed at strengthening its retail infrastructure and inventory capabilities. The fund-raising initiative could potentially position the company for expansion and improved operational efficiency in the retail sector.

Davin Sons Retail Limited , a company listed on the BSE SME platform, has released its financial results for the half year ended September 30, 2025, along with some significant corporate actions. Let's break down the key highlights:

Financial Performance

Davin Sons Retail Limited has reported the following financial performance for the first half of the fiscal year 2025-26:

Segment-wise Performance

The company operates in two segments: Garments and FMCG products. Here's a breakdown of their performance:

The garments segment dominates the company's revenue stream, contributing over 88% of the total revenue and generating the majority of the profit.

Balance Sheet Highlights

As of September 30, 2025:

Corporate Actions

1. Trademark Acquisition: The company's board has approved the assignment of the trademark 'Houz of Tags' from Director Nohit Arora to the company. This move may potentially strengthen the company's brand portfolio and intellectual property assets.

2. New Trademark Application: Davin Sons Retail Limited plans to apply for registration of another trademark with the Controller General of Patents, Designs and Trade Marks, Government of India. This action demonstrates the company's focus on building and protecting its brand assets.

Auditor's Review

The company's statutory auditors, M/s. Sharma Sharma & Co., have issued an unmodified opinion on the unaudited financial statements for the half year ended September 30, 2025. This indicates that the financial statements are free from material misstatements and comply with the applicable accounting standards.

Key Observations

1. The company shows a heavy reliance on the garments segment for revenue and profit.
2. Strategic moves are being made to strengthen the company's brand portfolio through trademark acquisitions and new applications.
3. The company maintains a healthy cash position while growing its inventory and receivables.

Note: All financial figures are based on unaudited results for the half year ended September 30, 2025.