Stellant Securities (India) Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing a mixed performance with revenue growth but significant losses during the quarter. The Board of Directors approved these results at their meeting held on February 12, 2026.

Financial Performance Overview

The company reported contrasting quarterly and nine-month performance metrics for the period under review:

Segment-wise Business Performance

Stellant Securities operates through two distinct business segments, each contributing differently to the overall performance:

Securities Market Trading and Advisory

This segment recorded no revenue in Q3FY26 compared to ₹14.75 lakhs in Q3FY25. However, for the nine-month period, it generated ₹4,286.03 lakhs in revenue against ₹148.86 lakhs in the previous year. The segment reported a loss of ₹623.29 lakhs in Q3FY26.

Bullion Trading

The newly introduced Bullion Trading segment contributed ₹124.18 lakhs to Q3FY26 revenue and showed a positive segment result of ₹0.65 lakhs. For the nine-month period, this segment generated ₹175.08 lakhs in revenue with a segment result of ₹1.30 lakhs.

Expense Analysis

Total expenses for Q3FY26 stood at ₹746.82 lakhs compared to ₹0.74 lakhs in Q3FY25. Key expense components included:

• Purchase of Stock-in-trade: ₹2,142.53 lakhs
• Changes in inventories: ₹(1,408.95) lakhs (favorable)
• Other expenses: ₹11.52 lakhs
• Employee benefits expense: ₹1.72 lakhs

Corporate Actions and Capital Structure

The company's paid-up equity share capital increased significantly to ₹370.24 lakhs as of December 31, 2025, from ₹74.05 lakhs in the previous year. This increase resulted from the allotment of 18,33,595 equity shares of ₹10 each at an issue price of ₹290 per share (including premium of ₹280) to non-promoter allottees. Additionally, the company issued 3,00,000 warrants convertible into equity shares to promoter and promoter group at ₹340 each, with 25% application money received.

Balance Sheet Position

The company's financial position showed substantial growth in total assets, which increased to ₹3,349.18 lakhs as of December 31, 2025, from ₹220.50 lakhs in the previous year. Total liabilities also increased to ₹497.37 lakhs from ₹16.94 lakhs, primarily attributed to the Securities Market Trading and Advisory segment operations.

Stellant Securities (India) Limited, a Mumbai-based company, has announced significant capital restructuring and fundraising plans. The company's Board of Directors, in a meeting held on November 14, 2025, approved a series of strategic financial moves aimed at strengthening its capital base and funding future growth initiatives.

Key Highlights of the Board's Decisions

1. Increase in Authorized Share Capital: The Board has approved raising the company's authorized share capital from Rs. 5.00 crore to Rs. 70.00 crore, subject to shareholder approval. This increase will provide Stellant Securities with greater flexibility in its capital structure.

2. Preferential Issue of Convertible Warrants to Promoters: The company plans to issue 7,05,882 warrants convertible into equity shares at Rs. 340.00 per warrant, aggregating to Rs. 23.99 crore. These warrants will be issued to the promoters of the company.

3. Preferential Issue of Equity Shares to Public Investors: Stellant Securities will issue 25,57,730 equity shares at Rs. 290.00 per share to public investors, raising Rs. 74.17 crore.

4. Total Fundraising: The combined fundraising through these preferential issues amounts to Rs. 98.17 crore.

Details of the Preferential Issues

Convertible Warrants to Promoters

Equity Shares to Public Investors

Use of Funds

The specific use of funds has not been detailed in the announcement. However, capital raises of this nature are typically aimed at strengthening the company's financial position, supporting growth initiatives, or funding expansion plans.

Shareholder Approval and Next Steps

The company has scheduled an Extraordinary General Meeting (EGM) on December 10, 2025, to seek shareholder approval for these proposals. The Board has appointed Ms. Vineeta Piyush Patel, a Practicing Company Secretary, to act as the scrutinizer for the e-voting process at the EGM.

Note: This article is based on the official announcement made by Stellant Securities (India) Limited on November 14, 2025. Investors are advised to review the complete details of the preferential issue and consult financial advisors before making investment decisions.