Manju Mundhra has filed a disclosure with BSE regarding the substantial acquisition of shares in Growington Ventures India Limited, as required under SEBI regulations. The acquisition represents a significant stake purchase in the listed company through open market transactions.

Acquisition Details

The disclosure filed on March 02, 2026, reveals that Manju Mundhra acquired 1,10,00,000 equity shares of Growington Ventures India Limited on February 26, 2026. This acquisition represents 1.71% of the company's total share capital and voting rights.

Holdings Structure

The disclosure provides a comprehensive view of the shareholding pattern before and after the acquisition. Prior to this transaction, Manju Mundhra held no shares in the company, while Naresh Kumar Mundhra, acting as a person acting in concert (PAC), held 2,68,07,733 shares representing 4.17% stake.

Pre and Post Acquisition Holdings

Company Capital Structure

Growington Ventures India Limited maintains a substantial equity base with 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.

Regulatory Compliance

The disclosure has been filed in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manju Mundhra, who does not belong to the promoter or promoter group, submitted the required documentation to both BSE and the company's registered office in Kolkata.

The filing confirms that no warrants, convertible securities, or other instruments entitling the acquirer to receive additional voting rights were involved in this transaction. The acquisition was executed purely through equity share purchase in the open market, representing a straightforward stake acquisition in the listed entity.

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.

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.

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.

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.