Rajveer Singh and Associates Acquire Additional Shares in IEL Limited

Rajveer Singh, along with Persons Acting in Concert (PAC) members Garima Venture Finance Limited and Dineshsingh Umashankarsingh Kshatriya, have increased their stake in IEL Limited through an open market purchase on the Bombay Stock Exchange (BSE).

Key Details of the Transaction

The acquisition of 40,000 equity shares has resulted in an increase in the group's collective holding in IEL Limited. This move signifies a strengthening of their position within the company's ownership structure.

Implications

The increased stake by Rajveer Singh and associates may be viewed as a sign of confidence in IEL Limited's prospects. Such transactions often attract attention from other investors and market analysts, as they can potentially influence the company's future direction and governance.

It's important to note that this transaction has been carried out through the open market, adhering to regulatory norms for transparency in stock acquisitions. Shareholders and potential investors may want to keep an eye on any further developments or announcements from the company or the acquiring group.

As always, investors are advised to conduct their own research and consider their investment goals before making any decisions based on this information.

IEL Limited , a company operating in the chemical business sector, has announced its unaudited standalone financial results for the quarter and half-year ended September 30, 2025. The company's performance shows a significant downturn compared to the same period last year.

Financial Performance

IEL Limited reported a net loss before tax of Rs 87.09 lakh for the quarter, a stark contrast to the profit of Rs 56.94 lakh in the corresponding quarter of the previous year. This represents a negative swing of Rs 144.03 lakh in the company's bottom line.

Total income for the quarter decreased substantially to Rs 0.17 lakh from Rs 5.02 lakh in the same quarter last year, indicating a significant reduction in revenue-generating activities.

Balance Sheet Highlights

As of September 30, 2025, IEL Limited's financial position shows:

The company's total assets stood at Rs 4,606.84 lakh, with total equity of Rs 4,395.39 lakh. Cash and cash equivalents were reported at Rs 25.83 lakh, showing a significant decrease from Rs 2,521.85 lakh at the end of the previous financial year.

Cash Flow and Liquidity

The cash flow statement reveals a substantial decrease in cash and cash equivalents:

• Net cash used in operating activities: Rs 2,494.27 lakh
• Net decrease in cash and cash equivalents: Rs 2,496.02 lakh

This significant reduction in cash reserves may raise concerns about the company's liquidity position and its ability to meet short-term obligations.

Audit Review

The financial results were reviewed by the statutory auditors, Maark & Associates, who issued a limited review report. The auditors noted that the balances of Loans & Advances, Trade Receivables, and Trade Payables are subject to Management Confirmation.

Earnings Per Share

The Basic and Diluted Earnings per share for the quarter stood at -0.010, compared to 0.040 in the corresponding quarter of the previous year, reflecting the impact of the reported loss on shareholder value.

IEL Limited's board of directors approved these unaudited standalone financial results at their meeting held on November 10, 2025. The company continues to operate under the Chemical Business segment, which is considered to be its only reportable business segment as per Ind AS-108.

Investors and stakeholders may need to closely monitor the company's performance in the coming quarters, given the significant decrease in income and the reported loss.