Uniroyal Industries Limited has completed a significant inter-se transfer of shares between promoters in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The transaction, executed on February 18, 2026, involved the transfer of 37,53,575 equity shares from existing promoters to Akhil Mahajan through gift transactions from his parents.

Official Regulatory Documentation

The company submitted comprehensive regulatory filings to the Bombay Stock Exchange under multiple SEBI regulations. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Regulation 3 of SEBI (Prohibition of Insider Trading) Regulations 2015, and Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transfer Execution and Shareholding Transformation

The share transfer was completed through gift transactions where Akhil Mahajan acquired shares from his father Arvind Mahajan and mother Rashmi Mahajan, both part of the promoter group. The transaction resulted in a dramatic consolidation of shares, transforming Akhil Mahajan from a minor stakeholder to the majority promoter with no financial consideration involved.

Compliance and Exemption Details

The transaction falls under the exemption provisions of regulation 10(1)(a)(i) and 10(1)(a)(ii) of SEBI SAST regulations as it involves inter-se transfer between promoter group members and immediate relatives. The transfer being in the nature of gift required no financial consideration, and the aggregate holding of the promoter and promoter group remains unchanged.

Persons Acting in Concert

The regulatory filings identify the persons acting in concert with Akhil Mahajan, maintaining the overall promoter group structure. Other promoter holdings remain unchanged through this transaction, ensuring continuity in corporate governance.

This inter-se transfer represents a strategic consolidation within the promoter family, concentrating decision-making authority while maintaining full regulatory compliance. The transaction ensures continuity of promoter control and streamlines corporate governance processes within the organization.

Uniroyal Industries Ltd announced its Q3FY26 unaudited financial results for the quarter ended December 31, 2025, showing mixed performance with quarterly growth but year-to-date challenges. The Board of Directors approved these results at their meeting held on February 11, 2026.

Quarterly Financial Performance

The company demonstrated solid quarterly performance with revenue growth and improved profitability metrics. On a consolidated basis, Uniroyal Industries reported revenue from operations of ₹2,806.07 lakhs for Q3FY26, representing an increase from ₹2,592.16 lakhs in Q3FY25.

Year-to-Date Performance Challenges

While quarterly results showed improvement, the nine-month performance presented a contrasting picture. The consolidated operations reported a net loss of ₹48.87 lakhs for the nine months ended December 31, 2025, compared to a profit of ₹25.28 lakhs in the corresponding period of the previous year.

Operational Highlights

The company's cost structure showed notable variations during the quarter. Purchase of stock-in-trade increased significantly to ₹2,286.72 lakhs in Q3FY26 from ₹2,040.19 lakhs in Q3FY25. Employee benefits expense remained relatively stable at ₹147.88 lakhs compared to ₹150.75 lakhs in the previous year quarter. Finance costs decreased to ₹37.71 lakhs from ₹45.68 lakhs, indicating improved financial management.

Earnings Per Share and Corporate Governance

The company reported basic and diluted earnings per share of ₹0.47 for Q3FY26 on a consolidated basis, compared to ₹0.15 in Q3FY25. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors Gambhir Khurana & Associates completing their limited review as required under Regulation 33 of SEBI regulations. The company operates in one reportable business segment of textile accessories and includes results from its 100% subsidiary A M Textiles and Knitwears Ltd in consolidated figures.