In a series of significant corporate actions, three private companies have substantially increased their stakes in Vivid Mercantile Limited through off-market and open market transactions. The acquisitions, which took place between October 31 and November 7, 2025, have resulted in notable changes to the company's shareholding structure.

Key Acquisitions

Transaction Details

Veeram Barter Private Limited

Veeram Barter Private Limited acquired 81,25,000 equity shares (8.10%) of Vivid Mercantile Limited through off-market transactions on November 7, 2025. This acquisition increased their holding from 0.09% to 8.19%.

Veeram Vendors Private Limited

In a similar move, Veeram Vendors Private Limited purchased 75,75,000 equity shares (7.56%) through off-market transactions on the same date. This acquisition boosted their stake from 4.03% to 11.59%.

Kriyansh Gold Private Limited

Kriyansh Gold Private Limited took a slightly different approach, acquiring 63,25,822 equity shares (6.31%) through a combination of open market and off-market purchases. These transactions occurred between October 31 and November 7, 2025, increasing their holding from 5.71% to 12.02%.

Implications and Disclosures

All three acquiring entities are classified as non-promoter entities, indicating that these substantial purchases do not alter the promoter structure of Vivid Mercantile Limited. The company's total equity share capital remains unchanged at 10,02,56,400 shares.

The acquisitions have been duly reported to the BSE Limited and Vivid Mercantile Limited, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These disclosures ensure transparency in the significant changes to the company's shareholding pattern.

While the motives behind these substantial acquisitions remain undisclosed, such significant stake purchases often signal confidence in a company's prospects or potential strategic interests. Market observers and shareholders will likely be keen to see if these acquisitions lead to any changes in Vivid Mercantile's business strategy or operations in the coming months.

Vivid Mercantile Limited has announced its financial results for the second quarter of fiscal year 2025-26, showcasing remarkable growth in both profit and revenue. The company's performance highlights its strong position in the market and effective financial management.

Financial Highlights

Quarterly Performance

Vivid Mercantile reported a significant increase in its quarterly profit, which rose to ₹91.24 crore for the quarter ended September 30, 2025, compared to ₹24.99 crore in the same period last year. This represents a remarkable year-on-year growth of 265.11%.

The company's revenue from operations also saw a substantial rise, reaching ₹136.57 crore for the quarter, up from ₹32.86 crore in the corresponding quarter of the previous year, marking a 315.61% increase.

Half-Yearly Results

For the half-year period ended September 30, 2025, Vivid Mercantile achieved a profit of ₹212.59 crore on a revenue of ₹305.81 crore, indicating strong performance in the first half of the fiscal year.

Balance Sheet Strength

The company's financial position has shown improvement, with total assets increasing to ₹6,514.84 crore as of September 30, 2025, up from ₹5,919.71 crore at the end of March 2025. This growth in assets reflects the company's expanding operations and financial stability.

Borrowings and Liquidity

Current borrowings rose to ₹578.36 crore from ₹250.54 crore as reported in March 2025. This increase in borrowings may indicate the company's efforts to fund its growth initiatives or manage working capital requirements.

Corporate Governance

The Board of Directors of Vivid Mercantile Limited approved these unaudited financial results during their meeting held on October 10, 2025. The results were reviewed by the Audit Committee before being presented to the Board, adhering to good corporate governance practices.

Conclusion

Vivid Mercantile Limited's Q2 FY26 results demonstrate robust growth across key financial metrics. The significant increase in profit and revenue, coupled with a stronger balance sheet, positions the company well for continued success in the coming quarters. Investors and stakeholders may find these results encouraging, as they reflect the company's ability to capitalize on market opportunities and deliver strong financial performance.