Solitaire Machine Tools Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on January 29, 2026, which commenced at 11:20 a.m. and concluded at 12:10 PM.

Financial Performance Overview

The company's financial results show a mixed performance across different periods. The results have been subject to limited review by M/s. K.C. Mehta & Co., LLP, the statutory auditors of the company.

Quarterly Results Analysis

The third quarter of FY26 presented specific financial metrics that reflect the company's operational performance during this period.

Nine-Month Performance Comparison

The nine-month period ending December 31, 2025, showed the following performance metrics compared to the corresponding period in the previous year.

Earnings Per Share and Capital Structure

The company maintained consistent capital structure parameters throughout the reporting periods.

Regulatory and Operational Updates

The company has made specific provisions related to new regulatory requirements. The Government of India implemented four new Labour Codes effective from November 21, 2025, consolidating 29 existing labour laws. Although the impact is not material, the company has made a provision of ₹7,55,998 related to gratuity liability due to the impact of these new Labour Codes.

Solitaire Machine Tools operates in a single business segment as a manufacturer and remanufacturer of centreless grinding machines and spare parts. The company's registered office is located at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara, Gujarat, with additional manufacturing facilities in the region.

Solitaire Machine Tools Limited has disclosed an inter-se transfer of equity shares between its promoters, complying with SEBI regulations under the Prohibition of Insider Trading framework. The transaction represents a significant internal restructuring of promoter holdings within the company's ownership structure, as detailed in the official disclosure filed on January 1, 2026.

Transaction Details

The share transfer involves specific parameters that highlight the scope and nature of the transaction:

Regulatory Compliance Framework

The company has fulfilled its disclosure obligations under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. This regulation mandates timely disclosure of share transactions by designated persons, including promoters, to ensure market transparency. The disclosure was filed on January 1, 2026, demonstrating adherence to regulatory timelines and compliance requirements.

The transaction was executed through Form C disclosure mechanism, which is specifically designed for reporting share transfers by promoters and other designated persons under the insider trading regulations. The official communication was digitally signed by Company Secretary Reshma Kiri, ensuring proper authentication and corporate governance protocols.

Corporate Structure Impact

The inter-se transfer represents an internal reorganization among the promoter group without affecting the overall promoter shareholding in Solitaire Machine Tools Limited. Such transactions typically occur for estate planning, family arrangements, or strategic restructuring purposes within promoter families. The off-market nature of the transaction indicates it was conducted outside the regular trading mechanism of stock exchanges.

Company Information

Solitaire Machine Tools Limited operates with CIN number L28932GJ1967PLC143293 and maintains its registered office and Plant II at A-24/25, Krishna Industrial Estate, Near B.I.D.C., Gorwa, Vadodara, Gujarat. The company also operates Plant I at 292, Dharamsinh Desai Marg, Chhani Road, Vadodara, Gujarat, demonstrating its established manufacturing presence in the region.