Continental Securities: Hemant Gupta Sells 1.4L Shares in Open Market Transaction

3 min read     Updated on 15 Oct 2025, 02:21 PM
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Overview

Continental Securities Limited demonstrated robust financial performance in Q2 FY2025-26 with significant growth across key metrics, while simultaneously managing leadership transitions and promoter group share transactions. The company's former CFO Hemant Gupta completed a substantial share disposal transaction, maintaining full regulatory compliance with SEBI insider trading disclosure requirements.

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*this image is generated using AI for illustrative purposes only.

Continental Securities Limited (CSL), a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with significant corporate developments including leadership changes and recent promoter group share transactions.

Financial Performance

CSL has reported a robust financial performance for the second quarter of the fiscal year 2025-26. Here's a breakdown of the key financial metrics:

Metric: Q2 FY2025-26 Q2 FY2024-25 YoY Change
Net Profit: ₹55.45 ₹37.31 48.60%
Revenue from Operations: ₹96.49 ₹65.22 48.00%
Basic EPS: ₹0.19 ₹0.14 35.70%

For the half-year ended September 30, 2025, the company's net profit stood at ₹103.47 lakhs, compared to ₹72.49 lakhs in the same period last year, marking a significant increase of 42.70%.

Balance Sheet Highlights

The company's financial position has strengthened considerably:

Metric: As of Sept 30, 2025 As of March 31, 2025 Change
Total Assets: ₹2,452.78 ₹1,824.80 34.40%
Loans: ₹2,364.58 ₹1,742.66 35.70%
Total Equity: ₹2,291.94 ₹1,730.59 32.40%

Leadership Change and Promoter Group Share Disposal

In a significant development, the Board of Directors has accepted the resignation of Mr. Hemant Gupta from his position as Chief Financial Officer (CFO), effective October 15, 2025. Mr. Gupta cited other engagements as the reason for his departure.

In the latest development, Hemant Gupta, who is part of the promoter group, has disposed of 1,39,930 equity shares through open market transactions on December 30, 2025. The transaction details filed under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, show the following shareholding changes:

Transaction Details: Shares Percentage
Shares Before Sale: 3,50,000 1.19%
Shares Sold: 1,39,930 0.47%
Shares After Sale: 2,10,070 0.72%

The disclosure was submitted by Company Secretary and Compliance Officer Pravita Khandelwal to the Bombay Stock Exchange on January 1, 2026. The transaction represents a disposal through open market sale, with the total transaction value calculated based on market prices on the execution date.

Regulatory Compliance and Insider Trading Disclosure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, Continental Securities Limited has filed the mandatory disclosure for the share sale transaction by Hemant Gupta. The Form C disclosure provides complete details of the transaction, including the mode of acquisition/disposal and the resulting change in shareholding pattern.

The company continues to maintain strict adherence to regulatory requirements, with all disclosures being filed within the prescribed timelines. Hemant Gupta's PAN details (AMOPG2025R) and contact information have been duly recorded in the regulatory filing.

Dividend Announcement

The shareholders, at the Annual General Meeting held on September 22, 2025, approved a final dividend of ₹0.05 per equity share for the financial year ended March 31, 2025. The dividend payment date is set for October 13, 2025.

Financial Results Compliance

Continental Securities Limited has prepared its financial results in accordance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on October 15, 2025. The limited review report, conducted by R. P. Khandelwal & Associates, Chartered Accountants, found no material misstatements in the financial results.

Continental Securities Limited continues to operate as a Base Layer NBFC (NBFC-BL) in accordance with the Scale Based Regulation set by the Reserve Bank of India. The company's focus remains on its core business of providing financial services, with all activities carried out within India.

As CSL moves forward with strong financial performance and navigates through leadership changes and promoter group developments, investors and stakeholders will be keen to observe how these developments impact the company's future growth trajectory in the competitive NBFC sector.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-2.67%+16.76%-11.74%-35.41%+416.73%
Continental Securities
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Continental Securities: Promoter Group Members Sell 100,000 Shares

2 min read     Updated on 25 Sept 2025, 03:37 PM
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Reviewed by
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Overview

Two promoter group members of Continental Securities sold a total of 100,000 equity shares in the open market. Hemant Gupta sold 50,000 shares, reducing his stake from 525,000 to 475,000 shares. Orchid Securities Private Limited sold 106,138 shares over two days, decreasing its holding from 153,225 to 47,087 shares. The transactions were disclosed in compliance with SEBI regulations. The company also announced a trading window closure from October 1, 2025, until 48 hours after the declaration of Q2 financial results.

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*this image is generated using AI for illustrative purposes only.

Continental Securities recently witnessed significant insider trading activity, with two promoter group members divesting a total of 100,000 equity shares in the open market.

Key Developments

Hemant Gupta, a member of the promoter group, sold 50,000 equity shares of Continental Securities on September 23, 2025. This transaction reduced his shareholding from 525,000 shares to 475,000 shares, representing a decrease in his stake in the company.

Simultaneously, Orchid Securities Private Limited, another entity associated with the promoter group, also sold 50,000 equity shares on the same date.

Regulatory Compliance

Both transactions were disclosed in accordance with the Securities and Exchange Board of India (SEBI) insider trading regulations. The company promptly filed the required disclosures under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Additional Transactions by Orchid Securities

Further details revealed that Orchid Securities Private Limited had actually sold a total of 106,138 equity shares over two days, from September 22 to 23, 2025. This larger transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Impact on Shareholding

The sale by Orchid Securities Private Limited has significantly reduced its stake in Continental Securities. Prior to the transaction, Orchid Securities held 153,225 shares, representing approximately 0.53% of the total share capital. After the sale, its holding decreased to 47,087 shares, or about 0.16% of the company's total share capital.

Shareholding Changes

Entity Before Sale After Sale
Hemant Gupta 525,000 475,000
Orchid Securities Pvt Ltd 153,225 47,087

Trading Window Closure

In a separate announcement, Continental Securities informed that the trading window for dealing in the company's securities will be closed from October 1, 2025, until 48 hours after the declaration and submission of the Unaudited Financial Results for the quarter and half-year ending September 30, 2025. This closure is in line with SEBI regulations and the company's Code of Conduct for the Prevention of Insider Trading.

Market Impact

While the exact market impact of these transactions remains to be seen, such insider sales often attract investor attention and may influence market sentiment towards the stock. Investors and market analysts will likely monitor further developments and any potential changes in the company's shareholding pattern.

Continental Securities continues to trade on the Bombay Stock Exchange (BSE). As always, investors are advised to conduct their own research and consult financial advisors before making investment decisions based on insider trading activities.

Historical Stock Returns for Continental Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%-2.67%+16.76%-11.74%-35.41%+416.73%
Continental Securities
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