HSM Investments Boosts Stake in Asutosh Enterprises to 27.71% via Off-Market Transfer

HSM Investments Limited has significantly increased its shareholding in Asutosh Enterprises Limited through an off-market transfer, as part of a scheme of amalgamation. The transaction, which was completed on November 15, 2025, saw HSM Investments acquire 4,16,500 shares, representing 18.59% of Asutosh Enterprises.

Transaction Details

Aspect	Details
Acquirer	HSM Investments Limited
Target Company	Asutosh Enterprises Limited
Shares Acquired	4,16,500
Percentage Acquired	18.59%
Transfer Type	Off-market
Completion Date	November 15, 2025

Shareholding Impact

Timeframe	HSM Investments' Stake
Pre-acquisition	9.13%
Post-acquisition	27.71%

This strategic move has resulted in HSM Investments' total holding in Asutosh Enterprises rising from 9.13% to 27.71%, marking a substantial increase in its ownership position.

Key Points

The acquisition was executed through an off-market transfer, indicating a private transaction rather than an open market purchase.
The transfer was conducted under a scheme of amalgamation, suggesting a broader corporate restructuring or merger activity.
HSM Investments is part of the promoter group of Asutosh Enterprises, which may have implications for the company's management and strategic direction.

This significant increase in shareholding by a promoter group entity could potentially influence the future governance and strategic decisions of Asutosh Enterprises Limited. Shareholders and market observers may want to monitor any subsequent announcements or changes in the company's operations following this substantial ownership shift.

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Asutosh Enterprises Limited , a Kolkata-based company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company has shown steady growth in its profitability, despite reporting no revenue from operations.

Financial Highlights

Particulars (in Rs. Lakhs)	Q2 2025-26	Q2 2024-25	H1 2025-26	H1 2024-25
Total Revenue	386.10	386.80	386.10	386.80
Net Profit	288.85	279.13	284.42	272.56
Earnings Per Share (Rs.)	12.89	12.46	12.69	12.16

Key Observations

Revenue Source: The company's entire revenue of Rs 386.10 lakh for the quarter came from other income, with no revenue reported from operations.
Profit Growth: Net profit for Q2 2025-26 increased to Rs 288.85 lakh, up from Rs 279.13 lakh in the same quarter of the previous year, showing a year-on-year growth of about 3.48%.
Half-Yearly Performance: For the half-year period, net profit reached Rs 284.42 lakh, compared to Rs 272.56 lakh in the previous year, indicating a growth of approximately 4.35%.
Earnings Per Share: The company's earnings per share for the quarter stood at Rs 12.89, up from Rs 12.46 in the corresponding quarter of the previous year.
Asset Growth: Total assets increased to Rs 2,774.59 lakh as of September 30, 2025, from Rs 2,394.31 lakh in March 2025, showing a significant increase of about 15.88% over six months.

Board Approval and Audit Review

The Board of Directors approved these results at their meeting held on November 8, 2025. The financial results have been reviewed by the Audit Committee and have undergone a limited review by the company's statutory auditors, S. Ghose & Co LLP, as required under SEBI regulations.

Conclusion

Asutosh Enterprises Limited has demonstrated consistent profitability and asset growth, despite not reporting any operational revenue. The company's performance indicates its ability to generate income from other sources, possibly investments or financial activities. Investors and market watchers may want to keep an eye on the company's future disclosures to understand the nature of its income sources and long-term business strategy.