Vivid Mercantile Limited has resubmitted its unaudited financial results for the quarter ended December 31, 2025, after identifying inadvertent errors in the previously submitted results. The company communicated this revision to BSE Limited on February 4, 2026, under Regulation 33 of the SEBI Listing Regulations.

Revision Details and Compliance

The company formally notified the stock exchange about the need to correct errors in its Q3 FY26 results through an official communication to BSE Limited. The revised financial statements maintain compliance with Indian Accounting Standard 34 and Regulation 33 of the SEBI Listing Regulations. The correction was signed by Satishkumar Ramanlal Gajjar, Managing Director (DIN: 05254111), and digitally authenticated on February 4, 2026.

Revised Financial Performance

The corrected financial results show the company's performance for the quarter ended December 31, 2025. The revised figures present a comprehensive view of the company's operational and financial metrics across different reporting periods.

Nine-Month and Comparative Performance

The revised results also include nine-month figures ending December 31, 2025, showing total income of ₹3,332.04 lakhs and net profit of ₹934.45 lakhs. The company's earnings per share for the nine-month period stood at ₹0.93 compared to ₹0.13 in the corresponding previous period.

Expense Structure and Profitability

The revised results detail the company's expense structure, with total expenses of ₹2,224.35 lakhs for Q3 FY26. Major expense components include purchase of stock-in-trade at ₹533.80 lakhs, changes in inventories at ₹988.51 lakhs, and other expenses totaling ₹695.25 lakhs. Employee benefit expenses were ₹7.22 lakhs for the quarter.

Audit and Governance

Shah Karia & Associates, Chartered Accountants, conducted the limited review of the revised financial results. The auditors confirmed that the financial statements, prepared in accordance with Indian Accounting Standards, are free from material misstatements. The results were reviewed by the Audit Committee and approved by the Board of Directors on February 4, 2026. The company maintains a paid-up equity share capital of ₹1,002.56 lakhs with a par value of ₹1 per share.

Vivid Mercantile Limited has received a disclosure from Kriyansh Gold Private Limited regarding the substantial disposal of equity shares under SEBI takeover regulations. The transaction represents a significant reduction in Kriyansh Gold's shareholding in the company.

Transaction Details

Kriyansh Gold Private Limited disposed of 65,56,988 equity shares of Vivid Mercantile Limited, representing 6.94% of the company's total share capital. The disposal was executed through open market transactions conducted between December 26, 2025, and February 2, 2026.

Shareholding Changes

The disposal resulted in a substantial reduction in Kriyansh Gold's stake in Vivid Mercantile Limited. Prior to the transaction, Kriyansh Gold held 1,30,49,553 equity shares representing 13.02% of the total voting capital.

Company Information

Vivid Mercantile Limited maintains a total equity share capital of 10,02,56,400 equity shares, which remained unchanged following the transaction. The company's shares are listed on BSE Limited with scrip code 542046.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. Kriyansh Gold Private Limited confirmed that it does not belong to the promoter or promoter group of Vivid Mercantile Limited.

The disclosure was signed by Ritesh Mahendrakumar Shah, Director of Kriyansh Gold Private Limited (DIN: 07100840), and submitted to both BSE Limited and Vivid Mercantile Limited on February 3, 2026.