Manju Mundhra Files Revised Disclosure Correcting Stake Details in Growington

1 min read     Updated on 07 Mar 2026, 05:19 PM
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Overview

Manju Mundhra submitted a revised disclosure to Growington Ventures India Limited correcting an inadvertent error in her earlier filing. The correction shows Naresh Kumar Mundhra sold 4,92,429 shares instead of the previously reported 10,00,000 shares, while Manju Mundhra acquired 1,10,00,000 shares representing 1.71% stake through open market transactions, bringing their combined PAC holding to 5.81%.

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*this image is generated using AI for illustrative purposes only.

Growington Ventures India Limited has received a revised disclosure from Manju Mundhra dated March 05, 2026, correcting an inadvertent error in her earlier submission regarding substantial acquisition of shares. The revised disclosure updates the shareholding details of persons acting in concert (PAC) and provides accurate figures for recent transactions.

Correction in Earlier Disclosure

Manju Mundhra filed the revised disclosure to correct an error in her March 02, 2026 submission. The correction specifically addresses the equity shareholding details under the "Details of Acquisition/sale - Shares carrying voting rights acquired/sold" section.

Parameter: Incorrect Figure Corrected Figure
Naresh Kr Mundhra Shares Sold: 10,00,000 4,92,429
Percentage w.r.t. Total Capital: 0.15% 0.07%

Latest Acquisition and Holdings

The revised disclosure reveals Manju Mundhra's acquisition of 1,10,00,000 equity shares representing 1.71% stake through open market transactions on February 26, 2026. Simultaneously, Naresh Kumar Mundhra sold 4,92,429 shares (0.07% stake) during the same period.

Updated Shareholding Structure

Shareholder: Before Transaction After Transaction Net Change
Manju Mundhra: Nil 1,10,00,000 (1.71%) +1,10,00,000
Naresh Kumar Mundhra: 2,68,07,733 (4.17%) 2,63,15,304 (4.10%) -4,92,429
Combined PAC Holding: 2,68,07,733 (4.17%) 3,73,15,304 (5.81%) +1,05,07,571

Company Capital Structure

Growington Ventures India Limited maintains total share capital of Rs 64,22,15,760, comprising 64,22,15,760 equity shares of face value Re 1 each. The company's shares are listed on BSE Limited under scrip code 539222. The company operates from its registered address at Shiv Chamber, 4th Floor, Plot No 21, Sector 11, CBD Belapur, Navi Mumbai.

Regulatory Compliance

The revised disclosure has been filed in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 by Manju Mundhra, residing at Ram Krishna Samadhi Road, Radhakunj, Kankurgachi, Kolkata. She does not belong to the promoter or promoter group category. The documentation establishes Manju Mundhra and Naresh Kumar Mundhra as persons acting in concert for regulatory purposes.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-3.09%+25.33%-41.25%-44.71%+34.29%

Growington Ventures India Limited Reports Q3FY26 Financial Results with Revenue Growth

3 min read     Updated on 05 Feb 2026, 03:07 PM
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Reviewed by
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Overview

Growington Ventures India Limited reported its Q3FY26 unaudited financial results showing significant revenue growth in both standalone and consolidated operations. Standalone revenue increased to ₹2,215.37 lakhs from ₹1,344.01 lakhs year-over-year, while consolidated revenue reached ₹2,457.31 lakhs versus ₹1,432.56 lakhs in Q3FY25. The company completed a rights issue raising ₹4,816.62 lakhs, increasing paid-up capital to ₹6,422.16 lakhs. Net profit for nine months reached ₹291.84 lakhs standalone and ₹409.66 lakhs consolidated, demonstrating strong operational performance in the fruits trading business.

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*this image is generated using AI for illustrative purposes only.

Growington ventures India Limited has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company, formerly known as VMV Holidays Ltd, operates primarily in the trading of fruits business segment and submitted these results under Regulation 33 of SEBI regulations.

Standalone Financial Performance

The company's standalone operations demonstrated substantial revenue growth during the reporting period. The financial performance comparison shows significant year-over-year improvements in key metrics.

Metric Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations ₹2,215.37 lakhs ₹1,344.01 lakhs ₹6,512.80 lakhs ₹2,534.75 lakhs
Total Income ₹2,233.33 lakhs ₹1,367.01 lakhs ₹6,572.47 lakhs ₹2,594.29 lakhs
Net Profit ₹49.15 lakhs ₹120.66 lakhs ₹291.84 lakhs ₹277.32 lakhs
Basic EPS ₹0.01 ₹0.05 ₹0.06 ₹0.10

The company's total expenses for Q3FY26 stood at ₹2,163.29 lakhs compared to ₹1,177.35 lakhs in the corresponding quarter of the previous year. For the nine-month period, total expenses increased to ₹6,180.65 lakhs from ₹2,187.62 lakhs in the previous year.

Consolidated Financial Results

The consolidated financial results, which include the performance of wholly-owned subsidiary Elementures Foodstuff Trading LLC, Dubai, showed robust growth in revenue generation.

Metric Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Revenue from Operations ₹2,457.31 lakhs ₹1,432.56 lakhs ₹6,847.88 lakhs ₹2,708.59 lakhs
Total Income ₹2,475.27 lakhs ₹1,455.56 lakhs ₹6,907.55 lakhs ₹2,768.89 lakhs
Net Profit ₹100.88 lakhs ₹190.48 lakhs ₹409.66 lakhs ₹279.76 lakhs
Basic EPS ₹0.02 ₹0.07 ₹0.08 ₹0.10

The subsidiary Elementures Foodstuff Trading LLC contributed total revenue of ₹241.95 lakhs and ₹335.08 lakhs for the quarter and nine months ended December 31, 2025, respectively, with net profit of ₹51.75 lakhs and ₹117.82 lakhs for the respective periods.

Capital Structure and Rights Issue

The company's paid-up equity share capital increased significantly to ₹6,422.16 lakhs as of December 31, 2025, compared to ₹1,605.54 lakhs in the previous year. This increase resulted from a rights issue approved by the Board of Directors.

Rights Issue Details Amount/Quantity
Shares Issued 48,16,61,820 equity shares
Issue Price ₹1 per share
Amount Raised ₹4,816.62 lakhs
Face Value ₹1 per share

The proceeds from the rights issue were utilized for working capital requirements and general corporate purposes, with no deviation from the stated objects in the offer document.

Operational Highlights

The company operates within a single primary business segment of "Trading of Fruits" and has not made additional segment disclosures as per Indian Accounting Standards. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 05, 2026.

The statutory auditors D K Chhajer & Co. conducted a limited review of both standalone and consolidated financial results. The auditors noted that the subsidiary's financial results were not subjected to review by their auditors but were approved by the holding company's Board of Directors.

Tax and Other Comprehensive Income

For the standalone business, total tax expenses for Q3FY26 were ₹20.89 lakhs compared to ₹69.00 lakhs in Q3FY25. The consolidated tax expenses remained consistent at ₹20.89 lakhs for Q3FY26 versus ₹69.00 lakhs in the previous year quarter. The company reported other comprehensive income of ₹1.93 lakhs for Q3FY26 in consolidated results, primarily from foreign currency translation reserves related to its Dubai subsidiary operations.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-3.09%-3.09%+25.33%-41.25%-44.71%+34.29%

More News on Growington Ventures

1 Year Returns:-44.71%