Jackson Investments Limited , a financial services company, has released its unaudited financial results for the second quarter of the fiscal year 2026, ending September 30, 2025. The company's performance shows a mixed picture, with revenue growth but a decline in profitability compared to the same period last year.

Financial Highlights

Key Observations

1. Revenue Growth: The company's revenue from operations increased by 15.11% year-over-year, reaching ₹35.20 lakhs in Q2 FY26 compared to ₹30.58 lakhs in Q2 FY25.

2. Profit Decline: Despite the revenue growth, net profit for the quarter significantly decreased to ₹0.16 lakhs, down from ₹2.00 lakhs in the same quarter last year, representing a 92.00% decline.

3. Balance Sheet Position: As of September 30, 2025, Jackson Investments reported total assets of ₹2,776.07 lakhs, with an equity share capital of ₹2,907.08 lakhs. The company's reserves showed a deficit of ₹175.53 lakhs.

Ongoing Matters and Concerns

The auditors have highlighted several important matters:

1. Regulatory Inquiry: The Registrar of Companies is conducting an ongoing inquiry regarding past loan transactions of the company.

2. Investments in Unlisted Companies: The company holds investments valued at ₹778.43 lakhs in unlisted companies, pending fair value assessment.

3. Pending Share Acquisitions: Advances totaling ₹964.28 lakhs have been given for acquiring shares/securities, which remain pending as of the reporting date.

Management Commentary

Ramesh Kumar Saraswat, Managing Director of Jackson Investments Limited, signed off on the financial results. The management stated that they do not expect any negative outcome from the ongoing inquiry by the Registrar of Companies.

Market Implications

Investors and stakeholders should note the significant decrease in profitability despite revenue growth. The ongoing regulatory inquiry and the substantial amount tied up in pending share acquisitions may pose risks to the company's financial stability and future performance.

The company's stock-in-trade of shares in listed companies not currently traded on any stock exchange has been valued at a nominal value of ₹1 per share, totaling ₹1.49 lakhs as of September 30, 2025.

Jackson Investments Limited continues to operate in the "Finance & Investments" segment, as per Indian Accounting Standard (IndAS) 108.

Investors are advised to monitor the progress of the regulatory inquiry and the resolution of pending share acquisitions, as these factors may significantly impact the company's future financial position and market performance.

Jackson Investments Limited , a company listed on the Indian stock exchanges, has received requests from four members of its promoter group to reclassify their status from 'Promoter/Promoter Group' to 'Public Category'. This move could potentially alter the company's shareholding structure and public float.

Reclassification Requests

The four individuals seeking reclassification are:

1. Mahavir Prasad Saraswat: Holds 100,000 shares (0.03% of total shareholding)
2. Raj Kumar Saraswat: Holds 150,000 shares (0.05% of total shareholding)
3. Sajjan Kumar Saraswat: Holds 150,000 shares (0.05% of total shareholding)
4. Sunil Poddar: Holds 154,000 shares (0.05% of total shareholding)

Collectively, these four members hold 554,000 shares, representing 0.18% of the company's total shareholding.

Reasons for Reclassification

All four individuals have provided similar reasons for their reclassification requests:

• They are not involved in the management or day-to-day affairs of the company.
• They do not have any rights to nominate directors to the company's board.
• They cannot influence or control the management or policy decisions of Jackson Investments Limited.

Undertakings Provided

Each of the four promoter group members has submitted undertakings stating that they:

• Hold less than 10% of the voting rights in the company.
• Do not exercise control over the affairs of Jackson Investments Limited.
• Do not have any special rights through formal or informal agreements.
• Are not represented on the Board of Directors of the company.
• Are not acting as Key Managerial Persons in the company.

Implications

If approved, this reclassification would result in a slight increase in the public shareholding of Jackson Investments Limited. However, given the small percentage of shares involved (0.18% in total), the impact on the overall shareholding structure is likely to be minimal.

The reclassification requests will need to be reviewed and approved by the company's board and shareholders, as well as by the relevant regulatory authorities, before they can take effect.

This move by the four promoter group members aligns with regulatory efforts to enhance transparency in shareholding structures and to clearly differentiate between promoter holdings and public float in listed companies.