Silverstone Consultancy Boosts Stake in Tavernier Resources to 6.93%

1 min read     Updated on 31 Oct 2025, 01:51 PM
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Shriram SScanX News Team
AI Summary

Silverstone Consultancy Services Private Limited has increased its shareholding in Tavernier Resources Limited through an open market transaction on October 30, 2025. The company acquired 100,000 additional shares, representing 1.67% of Tavernier's total share capital. This acquisition raised Silverstone's stake from 5.26% (314,900 shares) to 6.93% (414,900 shares). Tavernier Resources has a total equity share capital of Rs. 5,97,90,000, divided into 59,79,000 fully paid equity shares with a face value of Rs. 10 each. The transaction was disclosed in compliance with SEBI regulations.

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Tavernier Resources Limited has seen an increase in its shareholding by Silverstone Consultancy Services Private Limited through a significant open market transaction. The move, which took place on October 30, 2025, saw Silverstone acquire an additional 100,000 shares of Tavernier Resources, representing 1.67% of the company's total share capital.

Transaction Details

Aspect Before Acquisition Acquisition After Acquisition
Shares Held 314,900 100,000 414,900
Stake Percentage 5.26% 1.67% 6.93%

The acquisition has notably altered Silverstone's position in Tavernier Resources. Prior to this transaction, Silverstone held 314,900 shares, equating to a 5.26% stake in the company. Following the purchase, their total shareholding has increased to 414,900 shares, raising their overall stake to 6.93%.

Company Information

Tavernier Resources Limited has a total equity share capital of Rs. 5,97,90,000. This capital is divided into 59,79,000 fully paid equity shares, each with a face value of Rs. 10.

Acquisition Details

  • Mode of Acquisition: Open Market
  • Date of Acquisition: October 30, 2025
  • Acquirer: Silverstone Consultancy Services Private Limited
  • Acquirer's Status: Non-Promoter

It's worth noting that Silverstone Consultancy Services Private Limited does not belong to the promoter or promoter group of Tavernier Resources Limited. The company, headquartered in Mumbai, has made this acquisition as an independent entity.

Regulatory Compliance

This disclosure has been made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures are crucial for maintaining transparency in the stock market and keeping shareholders informed about significant changes in ownership patterns.

The transaction underscores the dynamic nature of corporate shareholding in Tavernier Resources. However, the long-term implications of this stake increase will depend on various factors including the company's performance and market conditions.

Historical Stock Returns for Eforu Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+3.90%-6.58%-2.07%+63.66%+53.79%+1,105.48%

Tavernier Resources Pivots to Film Production and Digital Marketing, Reports Strong Profit Growth

2 min read     Updated on 05 Sept 2025, 05:36 PM
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AI Summary

Tavernier Resources Limited announced a strategic shift into film production and digital marketing, moving away from jewelry and real estate. The company secured its first digital marketing client, Jetech Consulting Inc, with a contract worth Rs. 22.02 lakhs annually. Financial results for FY 2024-25 showed a significant turnaround with net profit after tax at Rs. 266.35 lakhs, up from a loss of Rs. 29.75 lakhs in the previous year. The company plans to increase its authorized share capital from Rs. 7 crores to Rs. 8 crores to support new ventures.

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Tavernier Resources Limited has announced a strategic shift in its business focus, along with impressive financial results for the fiscal year 2024-25. The company is set to enter the film production and digital marketing sectors, marking a significant departure from its previous operations in jewelry and real estate.

Business Expansion and Restructuring

The Board of Directors has approved an alteration to the company's main object clause, subject to shareholder approval. This amendment will allow Tavernier Resources to engage in producing, directing, editing, distributing, and marketing films, documentaries, television shows, and web series. The company also plans to establish and manage film production houses and studios, as well as acquire and license intellectual property rights related to audio-visual content.

In line with this new direction, Tavernier Resources has already secured its first major client in the digital marketing space. The company has entered into an agreement with Jetech Consulting Inc, an international entity, to provide social media and other digital marketing services for a one-year period. The contract is valued at approximately Rs. 22.02 lakhs (USD $25,000) annually.

Financial Performance

For the fiscal year ended March 31, 2025, Tavernier Resources reported a significant turnaround in its financial performance:

Metric FY 2024-25 FY 2023-24 Change
Net profit after tax Rs. 266.35 lakhs Rs. (29.75) lakhs +995.30%
Earnings per share (EPS) Rs. 4.45 Rs. (0.50) -
Revenue from operations Rs. 25.95 lakhs Rs. 142.31 lakhs -81.80%
Other income Rs. 267.70 lakhs Rs. 8.83 lakhs +2930.60%

Capital Structure and Future Plans

To support its new ventures, Tavernier Resources is planning to increase its authorized share capital from Rs. 7 crores to Rs. 8 crores, subject to shareholder approval. This will be divided into 80 lakh equity shares of Rs. 10 each.

Mokshaben Ravjibhai Patel, Whole-Time Director of Tavernier Resources, stated, "Our strategic pivot towards film production and digital marketing represents an exciting new chapter for Tavernier Resources. We are confident that these high-growth sectors will provide significant opportunities for the company and create value for our shareholders."

The company's transition to an asset-light model, focusing on outsourcing and flexibility, is expected to position it well in the competitive and fast-evolving digital content and marketing landscapes.

Tavernier Resources will hold its 31st Annual General Meeting on September 30, 2025, where shareholders will vote on these strategic changes and review the company's performance.

As Tavernier Resources embarks on this new journey, investors and industry observers will be keenly watching how the company leverages its resources and expertise to establish itself in the dynamic worlds of film production and digital marketing.

Historical Stock Returns for Eforu Entertainment

1 Day5 Days1 Month6 Months1 Year5 Years
+3.90%-6.58%-2.07%+63.66%+53.79%+1,105.48%

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1 Year Returns:+53.79%