Growington ventures India Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company, formerly known as VMV Holidays Ltd, operates primarily in the trading of fruits business segment and submitted these results under Regulation 33 of SEBI regulations.

Standalone Financial Performance

The company's standalone operations demonstrated substantial revenue growth during the reporting period. The financial performance comparison shows significant year-over-year improvements in key metrics.

The company's total expenses for Q3FY26 stood at ₹2,163.29 lakhs compared to ₹1,177.35 lakhs in the corresponding quarter of the previous year. For the nine-month period, total expenses increased to ₹6,180.65 lakhs from ₹2,187.62 lakhs in the previous year.

Consolidated Financial Results

The consolidated financial results, which include the performance of wholly-owned subsidiary Elementures Foodstuff Trading LLC, Dubai, showed robust growth in revenue generation.

The subsidiary Elementures Foodstuff Trading LLC contributed total revenue of ₹241.95 lakhs and ₹335.08 lakhs for the quarter and nine months ended December 31, 2025, respectively, with net profit of ₹51.75 lakhs and ₹117.82 lakhs for the respective periods.

Capital Structure and Rights Issue

The company's paid-up equity share capital increased significantly to ₹6,422.16 lakhs as of December 31, 2025, compared to ₹1,605.54 lakhs in the previous year. This increase resulted from a rights issue approved by the Board of Directors.

The proceeds from the rights issue were utilized for working capital requirements and general corporate purposes, with no deviation from the stated objects in the offer document.

Operational Highlights

The company operates within a single primary business segment of "Trading of Fruits" and has not made additional segment disclosures as per Indian Accounting Standards. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 05, 2026.

The statutory auditors D K Chhajer & Co. conducted a limited review of both standalone and consolidated financial results. The auditors noted that the subsidiary's financial results were not subjected to review by their auditors but were approved by the holding company's Board of Directors.

Tax and Other Comprehensive Income

For the standalone business, total tax expenses for Q3FY26 were ₹20.89 lakhs compared to ₹69.00 lakhs in Q3FY25. The consolidated tax expenses remained consistent at ₹20.89 lakhs for Q3FY26 versus ₹69.00 lakhs in the previous year quarter. The company reported other comprehensive income of ₹1.93 lakhs for Q3FY26 in consolidated results, primarily from foreign currency translation reserves related to its Dubai subsidiary operations.

Growington ventures India Limited has formally announced the resignation of Independent Director Mr. Abhimanyu Kumar, effective January 20, 2026. The company disclosed this development to BSE Limited on January 21, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Resignation Details and Board Meeting

The Board of Directors recorded Mr. Abhimanyu Kumar's resignation (DIN: 01497152) during their meeting held on January 21, 2026. The board meeting commenced at 12:30 PM and concluded at 1:30 PM. The resignation became effective from January 20, 2026, as per the director's resignation letter.

Committee Memberships Affected

Following his resignation as Independent Director, Mr. Kumar will cease to be a member of multiple board committees. His departure impacts the composition of several key governance bodies within the company.

The affected committees include:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholders Relationship Committee
• Risk Management Committee
• Sexual Harassment Committee

Reason for Resignation

According to the resignation letter received from Mr. Abhimanyu Kumar, the resignation was made due to personal and unavoidable circumstances. The director provided confirmation that there are no other material reasons beyond those stated in his resignation letter, as required under SEBI regulations.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI LODR regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015. The resignation letter along with detailed reasons has been enclosed with the regulatory filing. The company has also uploaded this intimation on its website at www.growington.in .

The Board acknowledged Mr. Kumar's resignation through a formal letter dated January 21, 2026, expressing appreciation for his association with the company and the support rendered during his tenure. Company Secretary and Compliance Officer Sunita Gupta Maskara (M. No. 57186) signed the regulatory disclosure, while Director Vikram Bajaj (DIN: 00553791) signed the acknowledgement letter to the resigning director.