Balurghat Technologies Limited's promoter group has made a regulatory disclosure regarding the acquisition of additional shares in the company. Pawan Kumar Sethia and Pawan Kumar Sethia HUF, identified as promoter and promoter group entities respectively, acquired 247 shares on December 29, 2025, as per the disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition was executed through online mode on December 29, 2025. The transaction involved the purchase of 247 equity shares carrying voting rights, representing a modest addition to the promoter group's existing stake in the company.

Shareholding Pattern Changes

The acquisition resulted in a change in the absolute number of shares held by the promoter group, though the percentage holding remained constant due to rounding.

Company Capital Structure

Balurghat Technologies Limited maintains a stable equity share capital structure. The company's total equity share capital stands at 1,82,00,000 equity shares of Rs. 10/- each, which remained unchanged before and after the transaction.

The total diluted share capital also remains at 1,82,00,000 equity shares of Rs. 10/- each. The share capital figures are based on the company's filing under Regulation 31 of SEBI (LODR) 2015 for the quarter ended September 30, 2025, as available on the BSE website.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions of shares and takeovers. The company's shares are listed on BSE Limited, and the promoter group has fulfilled their obligation to disclose the transaction within the stipulated timeframe. The acquisition did not involve any encumbrances, voting rights other than shares, or convertible securities.

Balurghat Technologies Limited announced its unaudited financial results for the quarter and nine months ended 31st December 2025, revealing mixed performance with revenue growth offset by increased operational expenses. The Board of Directors approved these results during their meeting held on 12th February 2026.

Quarterly Financial Performance

The company's third quarter performance showed contrasting trends in revenue and profitability. While revenue demonstrated healthy growth, the bottom line turned negative due to escalated expenses.

Expense Analysis

The significant increase in total expenses was the primary factor contributing to the quarterly loss. Operating expenses rose substantially to ₹2765.39 lakh in Q3FY26 from ₹1982.78 lakh in Q3FY25, representing a 39.47% increase. Employee costs increased to ₹160.37 lakh from ₹131.16 lakh, while finance costs nearly doubled to ₹52.30 lakh from ₹28.36 lakh in the corresponding quarter of the previous year.

Nine-Month Performance

For the nine-month period ended 31st December 2025, the company demonstrated strong revenue growth but faced profitability challenges.

Legal Matters

The company disclosed pending litigation matters that may impact its operations. The auditor's review report highlighted three significant legal cases with total claims amounting to ₹592.85 crore.

Corporate Governance

The financial results were reviewed by the audit committee and approved by the Board of Directors during their meeting on 12th February 2026. The company's statutory auditors, Sambhu N. De & Co., conducted a limited review of the financial results. The paid-up equity share capital remained unchanged at ₹1740.82 lakh with a face value of ₹10 per share.