Suditi Industries Ltd. has received listing approval from BSE for 36,00,000 equity shares issued to promoters on preferential basis pursuant to warrant conversion, as announced through regulatory filing on March 11, 2026. The approval marks completion of the listing process for shares previously allotted through warrant conversion.

BSE Listing Approval Details

BSE granted listing approval through letter reference LOD/PREF/PB/FIP/1848/2025-26 dated March 11, 2026, for equity shares issued to promoters on preferential basis. The approved shares carry distinctive numbers from 39616292 to 43216291.

Warrant Conversion History

The company has completed multiple warrant conversions by promoter category investors. The latest BSE approval relates to shares issued in January 2026, while additional conversions were completed in March 2026.

Promoter Participation in March Conversion

The March 2026 warrant conversion involved two promoter investors who exercised warrants by paying the remaining 75% of exercise price.

Capital Structure Impact

The warrant conversions have significantly enhanced the company's capital base. Following both conversions, the paid-up share capital increased substantially.

Outstanding Warrants Status

The company originally allotted 1,23,00,000 convertible warrants in February 2025. With 75,00,000 warrants now converted, significant conversion opportunity remains.

• Total Warrants Allotted: 1,23,00,000
• Total Converted: 75,00,000
• Remaining Outstanding: 48,00,000
• Conversion Deadline: 18 months from February 12, 2025

The remaining warrant holders retain conversion rights by paying the balance 75% amount within the stipulated timeframe. BSE noted that trading approval for the March conversion shares will be granted upon filing necessary compliance documents including NSDL/CDSL confirmations.

Suditi Industries Ltd announced its unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved the results at their meeting held on January 30, 2026, with statutory auditors completing limited review procedures.

Quarterly Financial Performance

The company delivered steady results for Q3FY26, maintaining profitability across key metrics:

The quarterly performance reflects consistent operational execution with marginal revenue growth and sustained profitability. Other income decreased to ₹1.54 lakhs from ₹17.56 lakhs in the corresponding quarter of the previous year.

Nine-Month Period Transformation

The nine-month period results demonstrate remarkable business turnaround, with the company achieving significant profitability improvements:

The transformation from a loss of ₹118.15 lakhs to profit of ₹651.46 lakhs represents substantial operational improvement, driven by enhanced revenue generation and effective cost management strategies.

Consolidated Results Overview

The consolidated financial results, including subsidiaries, presented similar positive trends:

The consolidated results include Suditi Design Studio Limited (wholly owned subsidiary) and Suditi Sports Apparel Limited (subsidiary up to September 11, 2025).

Operational Highlights and Regulatory Compliance

Suditi Industries operates primarily in the hosiery fabrics and garments segment as its single reportable business division. The company's cost structure showed effective management with cost of materials consumed at ₹1,322.66 lakhs in Q3FY26, employee benefits expense of ₹173.41 lakhs, and finance costs of ₹12.96 lakhs.

The company recognized incremental obligations of ₹7.50 lakhs under the New Labour Codes effective November 21, 2025, demonstrating proactive compliance with regulatory changes. The paid-up equity share capital stands at ₹3,961.63 lakhs with face value of ₹10 per share.