C Devasena has disclosed a significant increase in shareholding in groarc industries India Limited, filing the mandatory disclosure under SEBI's substantial acquisition regulations. The acquisition brings the total shareholding to 8.27% of the company's equity capital.

Share Acquisition Details

The disclosure filed with BSE Limited on February 19, 2026, reveals that C Devasena acquired 6,41,480 equity shares through open market purchases. The transactions were executed over two days:

• February 17, 2026: 6,40,681 equity shares
• February 18, 2026: 799 equity shares

Shareholding Position

The acquisition has resulted in a substantial change in C Devasena's shareholding position in Groarc Industries India Limited:

Company Information

Groarc Industries India Limited's equity share capital comprises 2,04,66,529 equity shares with a face value of Rs. 10 each, totaling Rs. 20,46,65,290. The company's shares are listed on BSE Limited under the code 532315.

Regulatory Compliance

The disclosure confirms that C Devasena does not belong to the promoter or promoter group of Groarc Industries India Limited. The filing was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquirer holds no encumbered shares, voting rights other than through shares, or any warrants or convertible securities that would entitle additional voting rights in the target company. All shareholding percentages are calculated against both the total share capital and diluted share capital, which remain unchanged at 2,04,66,529 equity shares.

GROARC Industries India Limited announced its unaudited standalone financial results for the third quarter of FY26 ended December 31, 2025. The board of directors approved the quarterly results during a meeting held on February 5, 2026, at the company's registered office in Chennai.

Board Meeting and Regulatory Compliance

The board meeting was conducted in accordance with Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:00 PM and concluded at 5:00 PM on February 5, 2026. Chandran Ganesan, Whole Time Director (DIN: 08166461), signed the board meeting outcome documents.

Quarterly Financial Performance

The company demonstrated strong performance in Q3 FY26 with significant improvement in profitability. GROARC Industries reported a net profit of ₹82.01 lakhs for the quarter, marking a substantial turnaround from the loss of ₹3.15 lakhs recorded in the corresponding quarter of the previous year.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, the company's financial performance showed mixed results. While total revenue reached ₹2,434.20 lakhs compared to ₹3,449.31 lakhs in the corresponding period of the previous year, the company recorded a net loss of ₹18.57 lakhs.

Operational Expenses and Cost Structure

The company's expense structure for Q3 FY26 showed significant optimization with total expenses of ₹9.97 lakhs compared to ₹202.49 lakhs in Q3 FY25. Key expense categories included employee benefit expenses of ₹2.94 lakhs, depreciation and amortization of ₹1.37 lakhs, and other expenditure of ₹5.65 lakhs. Notably, the cost of materials consumed was nil for the quarter.

Audit and Compliance Framework

The financial results were reviewed by the audit committee and approved by the board of directors in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Venkat and Rangaa LLP, Chartered Accountants (LLPIN: AAK-5672), conducted a limited review of the unaudited financial results. Partner S. Mohan Raajan (M. No. 206393) signed the review report with UDIN: 262063930YKGSU2686.

Company Information

GROARC Industries India Limited, formerly known as Telesys Info-Infra (I) Limited, maintains its registered office at 1/L Blackers Road, 2F Gaiety Palace, 2nd Floor, Chintadripet, Chennai - 600002. The company's paid-up equity share capital remains unchanged at ₹204.67 lakhs with a face value of ₹10.00 per equity share. The company is listed on BSE with scrip code 532315 and operates with CIN L70200TN1992PLC023621.