D&H India Limited has received a significant investment from Indo Thai Securities Limited and its associated entities through a rights issue transaction that crossed the regulatory disclosure threshold. The acquisition, completed on February 19, 2026, involved the purchase of 8,84,186 equity shares at a face value of Rs. 10 per share, pushing the acquirer group's shareholding beyond the 5% mark that triggers mandatory SEBI disclosure requirements.

Acquisition Details and Shareholding Structure

The acquisition was executed through a rights issue mechanism, with Indo Thai Securities Limited leading the investment alongside twelve Persons Acting in Concert (PACs). The group includes individual investors such as Dhanpal Doshi, Sadhana Doshi, Nishit Doshi, and several corporate entities including Indo Thai Realties Limited and Indo Thai Commodities Private Limited.

Pre and Post-Acquisition Holdings

Before the rights issue, the Indo Thai Securities group held a minimal stake of 80,765 shares, representing just 0.99% of D&H India's share capital. The substantial acquisition through the rights issue has dramatically increased their position to 9,64,951 shares, representing 9.43% of the expanded share capital.

Impact on D&H India's Capital Structure

The rights issue has significantly expanded D&H India Limited's equity base. The company's share capital increased from Rs. 8,18,80,000 divided into 81,88,000 equity shares to Rs. 10,23,50,000 divided into 1,02,35,000 equity shares, each with a face value of Rs. 10.

Regulatory Compliance and Disclosure

The acquisition triggered disclosure requirements under Regulation 29(1) of SEBI's Substantial Acquisition of Shares and Takeover Regulations, 2011. Indo Thai Securities Limited, represented by Director Dhanpal Doshi (DIN: 00700492), has filed the necessary disclosures with BSE Limited, where D&H India's shares are listed under scrip code 517514.

The disclosure confirms that Indo Thai Securities Limited does not belong to the promoter or promoter group of D&H India Limited, classifying this as an external investor acquisition. The transaction represents a significant vote of confidence in D&H India's business prospects and provides the company with additional capital for its operations and growth initiatives.

D&H India Limited has delivered impressive financial performance for Q3 FY26 while announcing significant corporate developments following its Board of Directors meeting held on January 27, 2026. The company reported strong year-over-year growth across key financial metrics and proposed a substantial rights issue for existing shareholders.

Q3 FY26 Financial Performance

The company demonstrated robust operational performance with consolidated revenue reaching ₹6,194.72 lakh for the quarter ended December 31, 2025. This represents a notable improvement in profitability metrics compared to the previous year.

The standalone financial results showed similar strength with turnover of ₹6,193.22 lakh and profit after tax of ₹243.11 lakh for the quarter. The company maintained consistent performance across both consolidated and standalone metrics.

Rights Issue Announcement

The Board of Directors has approved a comprehensive rights issue proposal that will provide existing shareholders with an opportunity to increase their stake in the company. The rights issue structure demonstrates the company's strategic approach to capital raising.

The rights issue will be offered to eligible equity shareholders who hold fully paid-up equity shares as on the record date of Saturday, January 31, 2026. This timing provides shareholders with a clear timeline for participation in the capital raising exercise.

Regulatory Compliance and Disclosure

D&H India Limited has maintained its commitment to regulatory compliance by filing the necessary disclosures under Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015. The company submitted press clippings of its quarterly results published on January 28, 2026, in Free Press English edition and Nav Shakti Marathi edition.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting held on January 27, 2026, at the company's head office. The board meeting addressed multiple agenda items including unaudited standalone and consolidated financial results for both the quarter and nine months ended December 31, 2025.

Corporate Governance Standards

The company continues to demonstrate adherence to corporate governance standards through timely disclosure of material information to stakeholders. With paid-up equity share capital of ₹818.80 lakh and face value of ₹10 per share, D&H India Limited maintains transparency in its financial reporting and regulatory submissions. The detailed quarterly financial results are available on both BSE website and the company's official website for stakeholder reference.