In a significant development following the bifurcation of Andhra Pradesh, Ushakiran Finance Limited has seen a transfer of ownership for a portion of its shares. The Andhra Pradesh Industrial Development Corporation Limited (APIDC) has transferred its entire 7.58% shareholding in the company to the Telangana State Industrial Development Corporation Limited (TSIDC).

Key Details of the Transfer

Transfer Context and Implications

This transfer of shares is part of a government-directed reallocation following the bifurcation of Andhra Pradesh into two separate states. It's important to note that this transaction does not involve any commercial aspects or changes in the management control of Ushakiran Finance Limited.

The transfer was executed through the Demat route, which ensures a seamless and electronic transfer of securities. This method is in line with modern corporate practices and regulatory requirements for share transfers.

Key Points to Note

1. No Commercial Transaction: The transfer is purely administrative and does not involve any monetary exchange between the parties.

2. Management Control Unchanged: Despite the change in ownership of this 7.58% stake, there is no alteration in the management control of Ushakiran Finance Limited.

3. Government Initiative: This move is part of the broader reorganization of state-owned assets following the creation of Telangana as a separate state from Andhra Pradesh.

The transfer of shares between state development corporations reflects the ongoing process of asset reallocation between Andhra Pradesh and Telangana. It underscores the complex administrative tasks involved in state bifurcation, particularly concerning the division of government-held corporate assets.

Investors and stakeholders of Ushakiran Finance Limited should note that while this transfer represents a change in the identity of one of its significant shareholders, the overall shareholding structure and operational aspects of the company remain unaffected by this transaction.

Ushakiran Finance Limited , a Hyderabad-based investment company, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance.

Key Financial Highlights

Quarterly Performance

For the quarter ended September 30, 2025, Ushakiran Finance reported a net loss of ₹4.96 lakhs. The total income for the quarter stood at ₹10.75 lakhs. The company's basic earnings per share (EPS) for the quarter was negative at ₹0.19.

Half-Year Results

Despite the quarterly loss, the company managed to achieve a net profit of ₹34.82 lakhs for the half-year period. The total income for the six months reached ₹54.72 lakhs, with a positive basic EPS of ₹1.37.

Revenue Sources

Ushakiran Finance's revenue primarily stems from three main sources:

1. Interest income
2. Dividend income
3. Fair value changes on investments

Balance Sheet Highlights

As of September 30, 2025, Ushakiran Finance's total assets increased to ₹1,815.04 lakhs. Notably, investments form the largest component of the company's assets, amounting to ₹1,682.91 lakhs.

Corporate Governance

The company's board of directors convened on November 13, 2025, to approve these financial results. During this meeting, they also reviewed and approved the balance sheet and cash flow statements.

Auditor's Review

NSVR & Associates LLP, the company's statutory auditors, conducted a limited review of the unaudited financial results. They reported that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Investors and stakeholders should note that these are unaudited results and may be subject to changes upon final audit. The company's performance in the coming quarters will be crucial in determining its financial trajectory for the full fiscal year.