Pilani Investment & Industries , a core investment company, has reported its financial results for the first quarter ended June 30, 2025, showing a net profit of Rs. 432.28 crore. The company's board has also approved the issuance of non-convertible debentures worth up to Rs. 1,000 crore.

Q1 2025 Financial Highlights

Pilani Investment reported standalone revenue from operations of Rs. 611.17 crore for the quarter. The company's financial performance for Q1 2025 is as follows:

The company's revenue primarily consisted of interest income of Rs. 487.42 crore and dividend income of Rs. 111.11 crore.

Debenture Issuance Approval

In a significant move, Pilani Investment's Board of Directors has approved the issuance of Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The approved amount is up to Rs. 1,000 crore, to be raised in one or more tranches. This decision is subject to shareholder approval and will be executed within the company's overall borrowing limits.

Core Investment Company Status

Pilani Investment recently received a fresh Certificate of Registration as a Core Investment Company from the Reserve Bank of India (RBI), dated May 27, 2025. This follows the approval for conversion from its previous status as a Non-Banking Financial Company.

Other Key Points

• The company's main business involves investment and financing activities in India.
• The Board meeting, held on August 8, 2025, commenced at 5:30 PM and concluded at 6:15 PM.
• The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
• Joint Statutory Auditors have carried out a limited review of the financial results.

Pilani Investment's Q1 results and the approval for a significant debenture issuance reflect the company's strong financial position. The transition to a Core Investment Company status also marks a strategic shift in its operational framework.

Pilani Investment & Industries Corporation Limited has announced a special window for re-lodgement of physical share transfer requests that were rejected or returned prior to April 1, 2019. This move comes in accordance with SEBI Circular No SEBI/HO/MIRSD/MIRSD-PoD/P/CIR/2025/97 dated July 2, 2025.

Key Details of the Special Window

• Duration: The window will be open from July 7, 2025 to January 6, 2026.
• Eligibility: This applies to transfer deeds lodged before April 1, 2019, which were rejected, returned, or not processed due to deficiencies in documents or other reasons.
• Process: All such transfers will be processed and credited to the transferees in demat mode only.

Requirements for Shareholders

1. Demat Account: Transferees must have a demat account as the transferred shares will be issued only in demat mode.
2. Documentation: Shareholders need to provide a copy of the Client Master List (CML) along with the requisite documents for transfer to the Company/RTA.

Assistance for Shareholders

Eligible shareholders can contact the company for further assistance through:

• Email: pilani@pilaniinvestment.com
• Registrar and Share Transfer Agent (RTA): Niche Technologies Private Limited
  • Address: 3A, Auckland Place, 7th floor, Room No- 7A & 7B, Kolkata- 700017
  • Email: nichetechpl@nichetechpl.com

Public Notification

The company has published this notice in Financial Express and Aajkal newspapers and made the information available on its website www.pilaniinvestment.com .

This initiative by Pilani Investment & Industries Corporation Limited aims to facilitate the transfer process for shareholders who faced issues with physical share transfers before the implementation of the mandatory dematerialization rule. It provides an opportunity for investors to complete pending transfers and ensures compliance with the latest SEBI regulations.

Shareholders with eligible physical share transfer requests are encouraged to take advantage of this special window within the specified timeframe to complete their transfers and transition to the demat format.