Stellant Securities Promoter Boosts Stake to 65.44% via Open Market Purchase

1 min read     Updated on 19 Aug 2025, 03:20 PM
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Overview

Subhash Phootarmal Rathod, a promoter of Stellant Securities (India) Limited, has increased his stake in the company from 62.40% to 65.44% through an open market acquisition. On August 18, 2025, Rathod acquired 22,359 shares, raising his total shareholding from 462,183 to 484,542 shares. The transaction was disclosed in compliance with SEBI regulations. Stellant Securities has a total of 740,480 equity shares with a face value of Rs. 10 each and is listed on the BSE.

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

Stellant Securities (India) Limited , a company listed on the BSE, has reported a significant change in its promoter shareholding. According to a recent disclosure made under SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011, Subhash Phootarmal Rathod, a promoter of the company, has increased his stake in the firm through open market transactions.

Key Details of the Transaction

  • Acquisition Date: August 18, 2025
  • Shares Acquired: 22,359
  • Mode of Acquisition: Open market

Impact on Shareholding

Particulars Before Acquisition After Acquisition
Shares Held 462,183 484,542
Stake (%) 62.40 65.44

The transaction has resulted in a notable increase in Rathod's ownership of Stellant Securities. His shareholding has risen from 462,183 shares to 484,542 shares, effectively increasing his stake in the company from 62.40% to 65.44% of the total voting capital.

Company Overview

Stellant Securities (India) Limited has a total of 740,480 equity shares, each with a face value of Rs. 10. The company is listed on the BSE Limited.

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any change in their shareholding that exceeds certain thresholds.

Promoter Group Details

The LODR data also mentions other members of the promoter group, including Mangala S. Rathod, who are considered persons acting in concert (PAC) with Subhash P. Rathod.

This acquisition by a promoter could be seen as a sign of confidence in the company's prospects. However, investors should conduct their own research and consider various factors before making investment decisions based on promoter actions.

Historical Stock Returns for Stellant Securities

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+599.47%+1,630.26%+29,593.55%
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Stellant Securities Announces Board Shake-up and Stellar Q1 Performance

2 min read     Updated on 31 Jul 2025, 11:14 PM
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Reviewed by
Shriram SScanX News Team
Overview

Stellant Securities (India) Limited reported significant Q1 FY2026 results with revenue surging to ₹232.00 lakh and net profit of ₹169.58 lakh. The board approved appointment of Mr. Jaydeep Pandya as Independent Director and re-appointment of Mrs. Mangala Rathod as Whole-Time Director. A 4:1 bonus share issue was recommended. The company plans to apply for NBFC registration, expanding its business scope.

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Stellant Securities (India) Limited has made significant moves in its board composition and reported impressive financial results for the first quarter of the fiscal year. The company's board meeting on July 31, 2025, resulted in key decisions that signal a new direction for the firm.

Board Appointments and Re-appointments

The Board of Directors approved the appointment of Mr. Jaydeep Pandya as an Independent Director for a five-year term starting July 31, 2025. Pandya, a B.Com graduate with a decade of experience in accounts, capital market advisory, and business administration, brings fresh perspectives to the board. The company confirmed that Pandya is not related to any existing directors and is not debarred by SEBI or other authorities.

In addition, Mrs. Mangala Rathod, who has been serving as Whole-Time Director since 2014, received approval for re-appointment for another three-year term beginning August 14, 2025. Rathod's extensive experience of over 20 years has been instrumental in overseeing the company's operations, strategy, and business development.

Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Q1 Financial Performance

Stellant Securities reported a remarkable financial performance for the quarter ended June 30, 2025:

Particulars Q1 FY2026 (₹ in Lakh) Q1 FY2025 (₹ in Lakh)
Revenue from Operations 232.00 0.15
Total Income 232.03 0.15
Profit Before Tax 226.68 -6.44
Net Profit After Tax 169.58 -6.44
Earnings Per Share (Basic) 22.90 -0.87

The company's revenue from operations surged to ₹232.00 lakh in Q1 FY2026, compared to ₹0.15 lakh in the same quarter of the previous year. This exponential growth led to a net profit after tax of ₹169.58 lakh, a significant turnaround from the loss of ₹6.44 lakh in Q1 FY2025.

Bonus Share Issue

In a move that will reward its shareholders, Stellant Securities' board has approved and recommended a bonus issue in the ratio of 4:1. This means shareholders will receive four new equity shares for every one share held. The bonus shares will be issued from the company's free reserves, which stood at ₹2.99 crore as of June 30, 2025.

Strategic Initiatives

The board has also given the green light for the company to apply for Non-Banking Financial Company (NBFC) registration. This strategic move will involve changes to the Memorandum of Association, expanding the company's object clause to include NBFC activities, investment and credit operations, leasing, and hire-purchase financing.

Conclusion

Stellant Securities' recent board decisions and exceptional financial performance indicate a period of significant growth and strategic expansion for the company. The appointment of new leadership, coupled with the impressive financial results and shareholder-friendly initiatives like the bonus issue, positions Stellant Securities for a promising future in the financial services sector.

Shareholders and potential investors will be keenly watching the upcoming Annual General Meeting, where these major decisions will be put to vote.

Historical Stock Returns for Stellant Securities

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%0.0%+599.47%+1,630.26%+29,593.55%
Stellant Securities
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