DC Infotech Promoter Group Boosts Stake to 63.75% Through Warrant Conversion

1 min read     Updated on 26 Sept 2025, 11:13 AM
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Naman SharmaScanX News Team
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Overview

DC Infotech & Communications' promoter group, led by Chetankumar H Timbadia, has increased their shareholding from 53.88% to 63.75% through the conversion of warrants into equity shares. The group acquired 15,80,000 shares via preferential allotment, raising the company's equity share capital from 1,44,20,000 to 1,60,00,000 shares. This move, completed on September 24, 2025, strengthens the promoters' position in the company. The required disclosures were submitted to the National Stock Exchange of India Ltd. and BSE Limited on September 25, 2025, in compliance with SEBI regulations.

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

DC Infotech & Communications has seen a significant increase in its promoter group's shareholding. The group, led by Chetankumar H Timbadia and persons acting in concert, has raised their stake in the company to 63.75% from the previous 53.88% through the conversion of warrants into equity shares.

Warrant Conversion Details

The promoter group acquired 15,80,000 shares through a preferential allotment, with trading approval received on September 24, 2025. This move has resulted in an increase in the company's equity share capital from 1,44,20,000 shares to 1,60,00,000 shares, each with a face value of Rs. 10.

Promoter Group Composition

The promoter group consists of nine individuals:

  1. Devansh Kamleshkumar Sayani
  2. Madhuri Sayani
  3. Aayush Sayani
  4. Yash Devendra Sayani
  5. Devendra Kishorkumar Sayani
  6. Jayesh K Sayani
  7. Dharmik Chetankumar Timbadia
  8. Dhairya Chetankumar Timbadia
  9. Devansh Kamleshkumar Sayani

Regulatory Compliance

In compliance with SEBI regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the company has submitted the required disclosures to both the National Stock Exchange of India Ltd. and BSE Limited on September 25, 2025.

Shareholding Changes

The LODR data provides a detailed breakdown of the shareholding changes:

Category Before Acquisition After Acquisition
Shares carrying voting rights 86,20,000 (53.88%) 102,00,000 (63.75%)
Total diluted share/voting capital 52.56% 62.20%

Impact on Share Capital

Following the warrant conversion, the equity share capital of DC Infotech & Communications has been affected as follows:

  • Before acquisition: 1,44,20,000 equity shares (Face value: Rs. 10 each)
  • After acquisition: 1,60,00,000 equity shares (Face value: Rs. 10 each)
  • Total diluted share capital after acquisition: 1,64,00,000 equity shares (Face value: Rs. 10 each)

This strategic move by the promoter group significantly strengthens their position in the company, potentially influencing future decision-making and corporate strategies.

Historical Stock Returns for DC Infotech & Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%-2.90%+12.44%+6.73%-25.62%+1,270.32%
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DC Infotech & Communication Reports Strong Q1 FY2026 Results, Approves Share Capital Increase

1 min read     Updated on 07 Aug 2025, 07:16 PM
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Jubin VergheseScanX News Team
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Overview

DC Infotech & Communication Limited announced robust Q1 FY2026 results with a 25% YoY revenue growth to 148.09 crore and a 32.40% increase in net profit to 40.48 crore. The company's Board approved an increase in authorized share capital from 17 crore to 36 crore, subject to shareholder approval. The Products segment contributed 88% of total revenue at 130.80 crore, while Security Software and Services generated 17.29 crore. The company also reported submitting its Annual Secretarial Compliance Report for FY2025, with a minor delay in XBRL format submission.

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

DC Infotech & Communication Limited , a leading player in the IT and communication sector, has announced robust financial results for the first quarter of fiscal year 2026, along with a significant increase in its authorized share capital.

Financial Performance Highlights

The company reported impressive growth in its Q1 FY2026 results:

Metric Q1 FY2026 Q1 FY2025 YoY Growth
Revenue from Operations 148.09 118.51 25.00
Net Profit 40.48 30.57 32.40
Basic EPS 2.79 2.35 18.70

DC Infotech & Communication's performance was driven by strong growth across its two business segments:

  1. Products: Revenue of 130.80 crore
  2. Security Software and Services: Revenue of 17.29 crore

Authorized Share Capital Increase

In a strategic move, the Board of Directors has approved an increase in the company's authorized share capital from 17 crore to 36 crore. This decision is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The increase will potentially allow DC Infotech & Communication to raise additional capital for future growth initiatives.

Segment-wise Performance

The company's Products segment continued to be the primary revenue driver, contributing approximately 88% of the total revenue. The Security Software and Services segment, while smaller, showed promising growth potential.

Other Key Developments

  1. The Board has approved the notice for the 7th AGM for the financial year ended March 31, 2025.
  2. The company submitted its Annual Secretarial Compliance Report for FY2025 in PDF format on May 28, 2025, within the prescribed due date. However, there was an inadvertent delay in submitting the XBRL format, which has since been rectified.

Management Commentary

Chetankumar Timbadia, Managing Director of DC Infotech & Communication Limited, stated, "We are pleased with our strong start to the fiscal year 2026. Our robust revenue growth and improved profitability demonstrate the strength of our business model and the growing demand for our products and services."

He added, "The proposed increase in authorized share capital reflects our confidence in the company's future growth prospects and will provide us with the flexibility to capitalize on emerging opportunities in the dynamic IT and communication sector."

As DC Infotech & Communication Limited continues to strengthen its market position, investors and industry observers will be keenly watching the company's performance in the coming quarters and the outcome of the upcoming AGM.

Historical Stock Returns for DC Infotech & Communications

1 Day5 Days1 Month6 Months1 Year5 Years
+0.21%-2.90%+12.44%+6.73%-25.62%+1,270.32%
DC Infotech & Communications
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