Hit Kit Global Solutions has witnessed a significant change in its shareholding pattern as Prakash Shah and his wife Suman Prakash Shah have completely exited their investment in the company through open market sales.

Complete Divestment Details

The transaction represents a complete exit by the Shah family from their investment in HitKit Global Solutions. The disposal was executed through open market sales on 02/03/2026, involving both Prakash Shah and his wife Suman, who was acting in concert.

Pre and Post Transaction Holdings

Before the transaction, Prakash Shah held 51,77,570 shares representing 9.61% of the company's voting capital, while Suman Prakash Shah held 7,97,920 shares representing 1.48%. Their combined holding of 59,75,490 shares constituted 11.09% of the total equity.

Company Capital Structure

HitKit Global Solutions maintains a stable equity capital structure throughout the transaction period. The company's equity share capital remained unchanged at 5,39,00,000 equity shares of Rs. 2/- each before and after the substantial sale.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sellers confirmed they do not belong to the promoter or promoter group category. The company's shares are listed on the Bombay Stock Exchange, where this substantial shareholding change has been duly reported.

Transaction Methodology

The entire divestment was executed through open market sales, providing liquidity to the sellers while allowing market participants to acquire the shares at prevailing market prices. The synchronized timing of both transactions on 02/03/2026 suggests a coordinated exit strategy by the Shah family from their investment in HitKit Global Solutions.

Hit Kit Global Solutions Limited announced its unaudited financial results for the third quarter ended 31st December 2025, approved by the Board of Directors at their meeting held on 13th February 2026.

Financial Performance Overview

The company reported mixed financial performance for the quarter, with revenue growth but declining profitability compared to the previous year.

Nine-Month Performance Analysis

For the nine-month period ended 31st December 2025, the company's performance showed significant variations compared to the previous year.

Expense Structure and Profitability

The company's expense structure for Q3FY26 included purchase of stock-in-trade at ₹18.05 lakhs, employee benefit expenses of ₹2.05 lakhs, and other expenses totaling ₹4.78 lakhs. Finance costs remained minimal at ₹0.15 lakhs. Current tax expenses for the quarter stood at ₹0.36 lakhs.

Business Segments Performance

Hit Kit Global Solutions operates through two primary business segments:

The retail of agro produce segment showed strong growth, while the resort & property development segment reported no revenue during the current quarter.

Capital Structure and Share Information

The company's paid-up equity share capital increased to ₹1,078.00 lakhs as of 31st December 2025, compared to ₹928.00 lakhs in the corresponding period of the previous year. Each equity share carries a face value of ₹2. The diluted earnings per share matched the basic earnings per share at ₹0.0019 for Q3FY26.

Regulatory Compliance

The unaudited financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's statutory auditors, Ishwarlal & Co., Chartered Accountants. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.