IND-AGIV Commerce Reports Q3FY26 Loss of ₹42.99 Lakhs, Completes Share Allotment
IND-AGIV Commerce Limited announced Q3FY26 results showing net loss of ₹42.99 lakhs against total income of ₹230.57 lakhs. The company completed a major share restructuring through preferential allotment, increasing total shares to 30,56,965 and reducing promoter holding to 28.69%. The company faces significant financial challenges with NBFC dues of ₹2,14,61,417 and statutory dues of ₹19,23,734.
*this image is generated using AI for illustrative purposes only.
IND-AGIV Commerce Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, following the board meeting held on February 14, 2026. The company reported a net loss of ₹42.99 lakhs against total income of ₹230.57 lakhs during the quarter.
Financial Performance Overview
The company's financial performance for Q3FY26 reflects operational challenges with total expenditure of ₹273.55 lakhs exceeding income. The earnings per share stood at negative ₹1.43 for the quarter.
| Financial Metric: | Q3FY26 (₹ Lakhs) |
|---|---|
| Total Income: | 230.57 |
| Total Expenditure: | 273.55 |
| Net Loss: | (42.99) |
| Earnings Per Share: | (1.43) |
| Total Assets: | 2,345.06 |
| Total Liabilities: | 2,461.92 |
| Net Worth: | (116.86) |
Board Meeting Outcomes
The board meeting commenced at 3:30 PM and concluded at 6:30 PM on February 14, 2026. The unaudited financial results for the quarter ended December 31, 2025 were approved. However, the board did not consider the resignations of Mr. Ranjan Chona from Executive Director and Mr. Lalit Chouhan from Managing Director positions.
| Board Agenda: | Status |
|---|---|
| Q3FY26 Financial Results: | Approved |
| Mr. Ranjan Chona Resignation: | Not Considered |
| Mr. Lalit Chouhan Resignation: | Not Considered |
Share Capital Restructuring
The company successfully completed a preferential allotment of 20,56,965 equity shares, increasing the total share count from 10,00,000 to 30,56,965 shares. This restructuring significantly altered the shareholding pattern, with promoter group holding reducing from 72.21% to 28.69%.
| Shareholder Category: | Pre-Allotment (%) | Post-Allotment (%) |
|---|---|---|
| Promoter Group: | 72.21% | 28.69% |
| General Public & Others: | 27.79% | 71.31% |
| Total Shares: | 10,00,000 | 30,56,965 |
Financial Challenges and Debt Position
The company faces significant financial challenges with outstanding dues to various NBFCs totaling ₹2,14,61,417. The major creditors include Redfort Capital Finance with dues of ₹2,01,95,289 and other working capital lenders. The company is currently under restructuring discussions with all NBFC lenders for settlement of dues.
| Lender: | Outstanding Amount (₹) | Principal (₹) | Interest & Charges (₹) |
|---|---|---|---|
| Redfort Capital I: | 1,20,45,173 | 29,18,880 | 91,26,293 |
| Redfort Capital II: | 81,50,116 | 19,45,920 | 62,04,196 |
| Other NBFCs: | 13,66,128 | 9,53,666 | 4,12,462 |
Regulatory Compliance Issues
The company has defaulted on statutory dues amounting to ₹19,23,734, including PF dues of ₹1,13,995, ESIC dues of ₹29,277, and TDS obligations of ₹17,80,462. Additionally, the company's bank account with Axis Bank Bangalore Branch remains under lien with Income Tax Recovery, which the company is working to resolve.
| Statutory Dues: | Amount (₹) |
|---|---|
| PF Dues: | 1,13,995 |
| ESIC Dues: | 29,277 |
| TDS Obligations: | 17,80,462 |
| Total Statutory Dues: | 19,23,734 |
Historical Stock Returns for Ind-Agiv Commerce
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -13.67% | -22.31% | -35.73% | -43.88% | +68.36% |
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