Longspur International Ventures Limited has scheduled a board meeting for March 4, 2026, to consider a fund raising proposal, following its previous board approval for a comprehensive fundraising plan worth up to Rs. 20.00 crores.

Upcoming Board Meeting Details

The company has intimated BSE Limited about the scheduled board meeting under Regulation 29(1)(d) of SEBI (LODR) Regulations, 2015. The meeting will be held at the company's registered office in Mumbai to deliberate on fund raising initiatives.

Fund Raising Proposal Agenda

The board will consider raising funds through various financial instruments and modes. The proposal encompasses multiple securities types and issuance methods to provide flexibility in capital mobilization.

The meeting agenda includes considering proposal for raising funds through qualified institutions placement, rights issuance, preferential allotment, further public offer, and other permissible modes. The board will also consider seeking shareholder approval for the fund raising proposal as required under applicable laws.

Trading Window Closure

In compliance with insider trading regulations, the company has announced closure of the trading window for dealing in its securities. The trading window will remain closed from February 26, 2026, until 48 hours after the declaration of the board meeting outcome.

Previous Board Approval

The company's board had previously approved a comprehensive fundraising plan worth up to Rs. 20.00 crores during its February 23, 2026 meeting. The earlier approval covered various securities including equity shares, warrants, and convertible securities through multiple issuance modes targeting both promoters and non-promoters.

Company Secretary and Compliance Officer Shweta Sharma has signed the official communication ensuring proper regulatory disclosure compliance under SEBI regulations.

Longspur International Ventures Limited has delivered impressive financial performance for the third quarter of fiscal year 2026, showcasing substantial growth across key financial metrics. The company, formerly known as Confidence Finance and Trading Limited, submitted its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, to BSE Limited on February 10, 2026.

Strong Quarterly Performance

The company's third quarter results demonstrate remarkable improvement in profitability and operational efficiency. Net profit for Q3 FY26 reached ₹30.26 lacs, marking a substantial increase of 459% compared to ₹5.41 lacs reported in the corresponding quarter of the previous year.

Nine-Month Financial Highlights

For the nine-month period ended December 31, 2025, Longspur International Ventures continued to show positive momentum with net profit of ₹66.30 lacs, representing a 68% increase from ₹39.46 lacs in the corresponding period of the previous year.

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency during the quarter. Purchase of traded goods amounted to ₹144.57 lacs for Q3 FY26, while changes in inventories showed a positive impact of ₹90.50 lacs. Employee benefit expenses for the quarter were ₹6.39 lacs, down from ₹13.62 lacs in Q3 FY25. Financial costs increased to ₹7.25 lacs from ₹3.80 lacs in the previous year's corresponding quarter.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹0.022 for both basic and diluted calculations, compared to ₹0.004 in Q3 FY25. For the nine-month period, EPS reached ₹0.049, up from ₹0.029 in the previous year. The paid-up equity share capital remained stable at ₹1,365.00 lacs with a face value of ₹10 per share.

Board Approval and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting held on February 10, 2026. The meeting commenced at 4:00 PM and concluded at 5:45 PM. The company has filed these results in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015, and the results are available on the company's website. The limited review was conducted by A K Kocchar & Associates, Chartered Accountants, who provided an unqualified review report on the unaudited standalone financial results.