Vani Commercials Limited has announced receiving in-principle approval from BSE Limited for a significant equity share issue under regulatory compliance requirements. The approval, dated February 17, 2026, authorizes the company to proceed with issuing equity shares to non-promoters on a preferential basis.

Approval Details and Share Structure

The BSE approval encompasses the issuance of 3,22,41,655 equity shares of Rs. 10/- each at a minimum price of Rs. 12/- per share. The approval is structured in two distinct components as outlined in BSE's letter reference LOD/PREF/KS/FIP/1714/2025-26.

Regulatory Framework and Compliance Requirements

The in-principle approval comes with comprehensive regulatory compliance obligations. BSE has emphasized that this approval should not be construed as automatic listing approval, requiring separate compliance procedures for the listing process.

The company must ensure strict adherence to multiple regulatory frameworks:

• Companies Act, 2013
• Securities Contracts (Regulation) Act, 1956
• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Internal Controls and Trading Restrictions

BSE has mandated specific internal control measures to monitor trading activities by proposed allottees. The exchange has outlined critical requirements to prevent non-compliance with SEBI ICDR Regulations.

Key trading restrictions include:

• Prohibition of intra-day trading by allottees in company scrip
• No sale transactions in company scrip until allotment date
• Company responsibility to obtain undertakings from allottees
• Verification obligations under Regulation 167(6) of SEBI ICDR Regulations

Post-Allotment Obligations and Timeline

Following the allotment of securities, Vani Commercials must fulfill specific post-issue formalities within prescribed timelines. The company is required to submit a listing application within twenty days from the allotment date, as specified in Schedule XIX of ICDR Regulations and SEBI circular dated June 21, 2023.

Management Communication

The announcement was communicated to BSE Limited on February 18, 2026, by Managing Director Vishal Abrol (DIN: 06938389) under Regulation 30 of SEBI LODR. The communication included the complete BSE approval letter as supporting documentation for regulatory transparency and investor information.

Vani Commercials Limited has released its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showcasing the company's financial performance during this period. The results were prepared under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Financial Performance Overview

The company's financial results demonstrate its operational performance across multiple quarters, with detailed comparisons provided for the current quarter against preceding quarters and corresponding periods from the previous year.

Earnings Per Share and Capital Structure

The company maintained consistent capital structure with paid-up equity share capital of 1174 across all reported periods. The earnings per share (EPS) performance showed:

Business Operations and Segment Information

Vani Commercials Limited operates primarily in the financing business. Key operational highlights include:

• The company is engaged primarily in financing activities
• No separate reportable segments as per Ind AS 108 dealing with Operating Segments
• Being in the service industry, information regarding stock in trade, consumption of raw material and purchase of traded goods is not applicable
• The company has designated an exclusive email ID info@vanicommercials.com for investor grievance redressal

Regulatory Compliance and Audit

The financial results underwent proper regulatory review and compliance procedures:

• Results reviewed by the Audit Committee and approved by the Board of Directors
• Board meeting held on February 14, 2026
• Limited review conducted by statutory auditors MKRJ & Company, Chartered Accountants
• Results prepared pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Previous year's figures have been regrouped/rearranged wherever necessary

Availability and Transparency

The company maintains transparency through multiple channels for stakeholder access to financial information. The financial results are available on the company's website at www.vanicommercials.com and on the BSE Limited website at www.bseindia.com , ensuring easy access for investors and other stakeholders.

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