Kalind Limited Promoter Yagnik Bharatkumar Tank Boosts Stake to 3.13%

1 min read     Updated on 20 Nov 2025, 08:38 AM
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Radhika SScanX News Team
Overview

Yagnik Bharatkumar Tank, a promoter of Arunis Abode (formerly Kalind Limited), has increased his stake from 2.06% to 3.13% through open market transactions on November 19, 2025. The company, with an equity share capital of Rs. 51.00 crores, recently reported significant growth in revenue and profitability for Q2 FY2026. Arunis Abode has also undertaken a rights issue, invested in a subsidiary, and shown substantial increase in property, plant, and equipment, indicating potential business expansion.

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

Arunis Abode , formerly known as Kalind Limited, has reported a significant change in its promoter shareholding. Yagnik Bharatkumar Tank, a promoter of the company, has increased his stake through open market transactions.

Key Details of the Transaction

  • Promoter Name: Yagnik Bharatkumar Tank
  • Acquisition Date: November 19, 2025
  • Shares Acquired: 5,45,685
  • Previous Holding: 2.06%
  • New Holding: 3.13%
  • Increase in Stake: 1.07%

Company Overview

Arunis Abode has an equity share capital of Rs. 51.00 crores, divided into 5.10 crore shares with a face value of Rs. 10.00 each.

Recent Financial Performance

While not directly related to the promoter's stake increase, it's worth noting that Arunis Abode recently reported its financial results for the quarter and half-year ended September 30, 2025:

Particulars (in Lakhs) Q2 FY2026 H1 FY2026 Q2 FY2025
Revenue from Operations 1,654.18 3,013.83 0.03
Net Profit 825.39 1,350.50 (8.08)
EPS (Basic & Diluted) 1.62 2.65 (0.27)

The company has shown significant growth in revenue and profitability compared to the same period in the previous fiscal year.

Recent Corporate Actions

  1. Rights Issue: During the year, Arunis Abode issued 4,80,00,000 shares at a price of Rs. 70.00 per share (Rs. 10.00 face value + Rs. 60.00 premium).

  2. Subsidiary Investment: In the quarter ended September 30, 2025, Arunis Abode invested in its subsidiary, Prasad Earth Movers Private Limited.

  3. Business Expansion: The company reported a substantial increase in its property, plant, and equipment, rising from Rs. 0.03 lakhs as of March 31, 2025, to Rs. 941.02 lakhs as of September 30, 2025, indicating potential business expansion or acquisition of new assets.

The increase in promoter shareholding, coupled with the company's recent financial performance and corporate actions, may signal confidence in Arunis Abode's future prospects. However, investors should conduct their own research and consider market conditions before making investment decisions.

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Kalind Limited Resubmits Q2 FY2026 Results, Reports Robust Revenue and Profit Growth

2 min read     Updated on 19 Nov 2025, 03:23 PM
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Reviewed by
Ashish TScanX News Team
Overview

Kalind Limited, formerly Arunis Abode, resubmitted complete financial results for Q2 and H1 FY2026 due to an initial filing lapse. The company reported substantial revenue growth and turned profitable. Q2 FY2026 saw revenue from operations at ₹1,654.18 lakhs and net profit at ₹825.39 lakhs. H1 FY2026 revenue reached ₹3,013.83 lakhs with ₹1,350.50 lakhs net profit. The company issued 4.8 crore shares and invested in a subsidiary. Auditors issued qualified conclusions, citing lack of proper reconciliation for machinery hire transactions.

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

Arunis Abode , now known as Kalind Limited, has resubmitted its complete financial results for the quarter and half-year ended September 30, 2025, following an initial filing lapse. The company reported significant growth in both revenue and profitability for the period.

Financial Highlights

For the quarter ended September 30, 2025, Kalind Limited reported the following standalone financial results:

Particulars Q2 FY2026 (in lakhs) Q2 FY2025 (in lakhs) YoY Change
Revenue from Operations 1,654.18 0.03 Significant increase
Net Profit 825.39 (8.08) Turned profitable
Total Income 1,683.14 10.75 15,557%

For the half-year ended September 30, 2025:

Particulars H1 FY2026 (in lakhs) H1 FY2025 (in lakhs) YoY Change
Revenue from Operations 3,013.83 0.03 Significant increase
Net Profit 1,350.50 (8.08) Turned profitable
Total Income 3,090.95 10.75 28,653%

Resubmission of Results

The company stated that the resubmission was necessary due to an inadvertent filing lapse during the initial submission process, where certain components of the financial results failed to upload. To ensure full regulatory compliance, Kalind Limited has now submitted a complete set of financial results, including:

  1. Standalone Financial Results (Quarterly and Half-Yearly) with Cash Flow Statement
  2. Consolidated Financial Results (Quarterly and Half-Yearly) with Cash Flow Statement
  3. Limited Review Reports

Auditor's Observations

The independent auditors have issued qualified conclusions in their limited review report. They noted that the company, primarily engaged in providing heavy machinery including earth-moving equipment to customers, has not provided proper reconciliation or correlation between machinery taken on hire from third parties and machinery deployed for customer contracts. This lack of information has prevented the auditors from verifying the accuracy, completeness, and allocation of hire income, hire charges, and related expenses recognized during the period.

Balance Sheet Highlights

As of September 30, 2025, Kalind Limited reported:

Particulars Amount (in lakhs)
Total Assets 10,207.10
Total Equity 8,004.48
Current Liabilities 2,202.63

Corporate Actions

During the period, Kalind Limited issued 4,80,00,000 shares with a face value of Rs. 10 and a premium of Rs. 60 per share, significantly boosting its equity base.

The company also invested in a subsidiary, Prasad Earth Movers Private Limited, during the quarter ended September 30, 2025, marking an expansion in its operational capabilities.

While Kalind Limited has shown remarkable growth in its financial performance, investors and stakeholders should consider the auditor's qualifications regarding the reconciliation of machinery hire transactions. The company's management may need to address these concerns to provide more transparent financial reporting in future periods.

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