Thakkers Group Ltd has announced a significant change in its shareholding pattern within the promoter group. Jitendra Manohardas Thakker, a member of the promoter group, is set to acquire 150,000 equity shares, representing 9.47% of the company's total share capital, through a gift transfer from his brother, Rajendra Manohardas Thakker.

Key Details of the Transaction

• Acquirer: Jitendra Manohardas Thakker
• Transferor: Rajendra Manohardas Thakker
• Number of Shares: 150,000
• Percentage of Total Share Capital: 9.47%

Impact on Shareholding

The transfer will result in a substantial increase in Jitendra Manohardas Thakker's stake in the company:

Regulatory Compliance

The transaction is exempt from open offer requirements under Regulation 10(1)(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involves a transfer between immediate relatives within the promoter group.

Promoter Group Holding

Following the transfer, the total promoter and promoter group holding in Thakkers Group will remain unchanged at 56.09% of the total share capital.

Timing and Execution

The proposed date for the acquisition is on or after November 27, 2025, as per the disclosure made to the BSE Limited.

This inter-se transfer within the promoter group does not affect the overall promoter holding in the company but represents a significant redistribution of shares among family members. Investors and market participants may want to take note of this change in the individual shareholding pattern within the promoter group of Thakkers Group.

Thakkers Group Limited , a prominent player in the real estate sector, has reported a significant financial shift in its second quarter results for the fiscal year 2026. The company faced a challenging period, posting a net loss despite a substantial increase in revenue.

Financial Performance Overview

The company's financial results for the quarter ended September 30, 2025, paint a complex picture of growth and challenges:

All figures in lakhs

Key Highlights

1. Revenue Growth: Thakkers Group witnessed a remarkable increase in revenue from operations, jumping to ₹114.00 lakhs from ₹14.41 lakhs in the same quarter last year. This represents a substantial year-over-year growth of 691.12%.

2. Profitability Challenges: Despite the revenue surge, the company reported a net loss of ₹210.49 lakhs, a stark contrast to the profit of ₹141.83 lakhs in Q2 FY2025.

3. Increased Expenses: The total expenses for the quarter stood at ₹825.47 lakhs, with finance costs contributing ₹228.31 lakhs to this figure. These elevated expenses played a significant role in the quarterly loss.

Factors Influencing Performance

The company's financial results indicate a period of expansion and investment, as evidenced by the substantial increase in revenue. However, this growth has been accompanied by a proportional rise in expenses, particularly in finance costs. The high finance costs suggest that Thakkers Group may be leveraging debt to fuel its growth strategies or manage ongoing projects.

Looking Ahead

While the revenue growth is a positive indicator, the shift from profit to loss underscores the challenges faced by Thakkers Group in managing its operational costs and financial obligations. Stakeholders will likely be keen to see how the company plans to address these challenges and return to profitability in the coming quarters.

The management's strategies for cost optimization and leveraging the increased revenue for sustainable growth will be crucial factors to watch in the near future.

Note: The financial results have been reviewed by Karwa Malani Kalantri and Associates, Chartered Accountants, as per the limited review report dated November 13, 2025.