PBM Polytex Limited has notified the BSE regarding promoter Aditi Jussawalla's intention to sell shares in the open market. The company submitted the intimation in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Share Sale Details

The transaction details reveal the scope and structure of the planned share disposal:

Regulatory Compliance Framework

The intimation follows SEBI's Prohibition of Insider Trading Regulations and the company's Code of Conduct for regulating trading by designated persons. PBM Polytex received the formal notification from the promoter regarding the intended share sale, which necessitated the disclosure to the stock exchange under Regulation 30.

Promoter Undertakings

Aditi Jussawalla has provided comprehensive undertakings as part of the pre-clearance process:

Transaction Timeline and Restrictions

The regulatory framework establishes specific operational parameters for the proposed transaction. All trades must be executed within seven trading days after receiving clearance from the Compliance Officer. If the timeline is not met, fresh pre-clearance application will be required.

The promoter is also bound by a six-month restriction on contra trades. Any inadvertent violation would result in profit disgorgement to SEBI for credit to the Investor Protection and Education Fund.

Depository Arrangement

Eastern Financiers Limited will serve as the depository participant for the transaction. The firm is located at 1st Floor, Suite No: 102-110, 205 Atords Building, Kolkata-700071, and will facilitate the open market sale of the shares.

PBM Polytex has submitted this information to BSE for record purposes, ensuring transparency in promoter trading activities as mandated by securities regulations.

PBM Polytex Limited , a prominent cotton yarn manufacturer, has reported a significant increase in net loss for the quarter ended September 30, 2025. The company's financial results, released on November 14, 2025, reveal the ongoing challenges faced by the textile sector.

Financial Performance

The company posted a net loss of Rs 434.16 lakhs for Q2 FY2026, compared to a loss of Rs 79.05 lakhs in the previous quarter. This represents a substantial widening of losses, indicating intensified pressures on the company's operations.

Revenue from operations also saw a notable decline:

All figures in Rs lakhs

The sharp decrease in revenue, coupled with the significant increase in losses, suggests that PBM Polytex is grappling with challenging market conditions in the textile industry.

Operational Challenges

The company's performance reflects the broader issues affecting the textile sector. Factors such as fluctuating raw material costs, competitive pressures, and potential demand slowdowns may be contributing to the company's financial struggles.

Management's Response

While specific comments from the management were not provided in the released data, the company's board of directors approved these unaudited financial results in their meeting held on November 14, 2025. The meeting, which started at 11:30 a.m. and concluded at 12:10 p.m., also saw the approval of both standalone and consolidated financial results for the quarter and half-year ended September 30, 2025.

Looking Ahead

As PBM Polytex navigates through these challenging times, stakeholders will be closely watching for any strategic initiatives or operational changes the company might implement to improve its financial position and return to profitability.

Investors and industry observers should note that these results are part of a broader trend in the textile sector, which has been facing headwinds due to various macroeconomic factors. The company's ability to adapt to these challenges will be crucial in determining its future performance.