Mukesh Sangla, a promoter of Signet Industries Limited, has acquired additional equity shares of the company through open market purchase, according to a regulatory disclosure filed with stock exchanges.

Transaction Details

The acquisition involved the purchase of 3899 equity shares from the open market on February 19, 2026. This transaction represents a modest increase in Sangla's shareholding in the company.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Sangla submitted the required documentation to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited on February 20, 2026.

Key compliance details include:

• Acquirer Status: Promoter of Signet Industries Limited
• Mode of Acquisition: Open market purchase
• Transaction Date: February 19, 2026
• Filing Date: February 20, 2026

Shareholding Structure

Prior to this acquisition, Sangla held 1056605 shares representing 3.59% of the company's total voting capital. The purchase of 3899 additional shares brought his total holding to 1060504 shares, equivalent to 3.60% of the total voting capital.

The company's total equity share capital remained unchanged at 29437000 shares following this transaction. Sangla confirmed that he holds no encumbered shares, voting rights other than through shares, or any warrants or convertible securities in the company.

Signet Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 14, 2026, demonstrating the company's continued operational performance across its diversified business segments.

Financial Performance Overview

The company's financial results show solid performance across key metrics for both quarterly and nine-month periods. The results reflect the company's operations across its three main business segments: Manufacturing, Trading, and Windmill operations.

Segment-wise Performance

The company operates through three distinct business segments, each contributing differently to overall revenue and profitability. Manufacturing remains the largest segment, followed by Trading operations.

Revenue Distribution

Segment Results

Operational Highlights

The company's total expenses for the quarter stood at Rs. 3,834.78 lacs, compared to Rs. 2,980.93 lacs in the corresponding quarter of the previous year. Major expense categories included cost of materials consumed at Rs. 3,397.93 lacs and purchases of stock-in-trade at Rs. 2,497.00 lacs for the quarter.

Finance costs for the quarter were Rs. 1,542.15 lacs, while employee benefits expenses totaled Rs. 884.90 lacs. The company also reported depreciation and amortization expenses of Rs. 220.45 lacs for the quarter.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors. The company has ensured compliance with Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The results will be published in vernacular and English newspapers and made available on stock exchange websites and the company's official website.

Signet Industries Limited, incorporated in 1985, operates as an ISO 9001:2015 certified company in the irrigation sector. The company maintains its corporate office at Smart Industrial Park, Pithampur, Dhar, Madhya Pradesh, and continues to serve the irrigation and allied industries through its diversified business operations.