SKM Egg Products Export Promoter Increases Stake Through Open Market Acquisition

1 min read     Updated on 13 Feb 2026, 04:06 PM
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Reviewed by
Jubin VScanX News Team
Overview

SKM Shree Shivkumar, promoter of SKM Egg Products Export (India) Limited, acquired 10,002 equity shares through open market transactions on February 11-12, 2026. The acquisitions increased the promoter's holding from 2,39,72,277 shares (45.52%) to 2,39,82,278 shares (45.54%) of the company's total share capital of 5,26,60,000 shares. The company filed mandatory SEBI disclosure with NSE and BSE exchanges on February 13, 2026.

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SKM Egg Products Export (India) Limited has disclosed promoter share acquisition activities under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company filed the mandatory disclosure with both National Stock Exchange and Bombay Stock Exchange on February 13, 2026.

Promoter Share Acquisition Details

SKM Shree Shivkumar, identified as a promoter of the company, conducted open market purchases of equity shares over two days. The acquisitions were executed through separate transactions on February 11, 2026 and between February 11-12, 2026.

Transaction Details: First Transaction Second Transaction
Shares Acquired: 1 10,001
Transaction Date: 11/02/2026 11/02/2026 to 12/02/2026
Mode: Open Market Open Market
Percentage Impact: 0.00% 0.02%

Shareholding Pattern Changes

The promoter's total shareholding increased from 2,39,72,277 shares to 2,39,82,278 shares, representing a net acquisition of 10,002 equity shares. This resulted in a marginal increase in the promoter's stake from 45.52% to 45.54% of the company's total share capital.

Shareholding Summary: Before Acquisition After Acquisition
Total Shares Held: 2,39,72,277 2,39,82,278
Percentage Holding: 45.52% 45.54%
Company's Total Capital: 5,26,60,000 5,26,60,000

Regulatory Compliance

The disclosure was signed by P.Sekar, Company Secretary (ICSI M No.F10744), and submitted to both stock exchanges where the company's shares are listed. The company's equity share capital stands at 5,26,60,000 shares after a stock split, with no changes in the total share capital following these promoter acquisitions.

The transactions comply with SEBI regulations requiring disclosure of substantial acquisitions by promoters and persons acting in concert. Both acquisitions were conducted through open market purchases, indicating transparent market-based transactions.

Historical Stock Returns for SKM Egg Products Export

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SKM Egg Products Export Submits Revised Q3FY26 Consolidated Report After Digital Signature Issue

2 min read     Updated on 06 Feb 2026, 12:37 PM
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Reviewed by
Riya DScanX News Team
Overview

SKM Egg Products Export (India) Limited resubmitted its Q3FY26 consolidated limited review report to BSE after a technical issue prevented the auditor's digital signature from appearing on the original filing. The report, properly signed by N.C. Rajagopal & Co., covers consolidated results including subsidiary SKM Europe BV and associate SKM Universal Marketing Company India Private Limited.

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SKM Egg Products Export (India) Limited has resubmitted its consolidated limited review report for the third quarter of fiscal year 2026 to the Bombay Stock Exchange, addressing a technical discrepancy identified by the exchange regarding the auditor's signature.

Regulatory Compliance Issue Resolved

The company received correspondence from BSE dated February 2, 2026, highlighting discrepancies in the financial results submitted under Regulation 33/52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary concern was an unsigned auditor report for the quarter ended December 2025.

Issue Details: Information
Quarter Period: December 2025
Regulation: 33/52 of SEBI (LODR) 2015
Issue Type: Technical - Digital signature visibility
Resolution Date: February 6, 2026

Technical Challenge and Resolution

Company Secretary P. Sekar clarified that the consolidated limited review report was properly signed digitally by the statutory auditor N.C. Rajagopal & Co. However, a technical issue during the document upload process prevented the digital signature from appearing on the submitted version. The auditor had completed the review process and digitally signed the report on January 28, 2026.

The revised document now properly displays the digital signature of N.C. Vijay Kumar, Partner at N.C. Rajagopal & Co., with membership number 208276. The auditor's review was conducted in accordance with Standard on Review Engagements (SRE) 2410 and SEBI circular requirements.

Consolidated Financial Structure

The auditor's report covers the consolidated unaudited financial results of SKM Egg Products Export (India) Limited and its group entities for the quarter ended December 31, 2025. The consolidation includes:

  • Subsidiary: SKM Europe BV, Utrecht, The Netherlands
  • Associate: SKM Universal Marketing Company India Private Limited

Subsidiary Performance Highlights

Financial Metric: Q3 FY26 9M FY26
Total Assets: ₹677.13 lakhs -
Revenue: ₹899.43 lakhs ₹2,344.67 lakhs
Net Profit/(Loss): (₹17.59 lakhs) ₹7.98 lakhs
Comprehensive Income/(Loss): (₹10.23 lakhs) ₹7.62 lakhs
Cash Flow: ₹18.05 lakhs inflow (₹42.44 lakhs) outflow

Auditor's Assessment

The auditing firm noted that the subsidiary's interim financial statements were not reviewed separately but confirmed that these results are not material to the overall group performance. The auditor's conclusion on the consolidated statement remains unmodified despite this limitation.

The company has apologized for the inconvenience caused by the technical issue and the delay in response. The revised consolidated limited review report has been submitted to BSE for official records, ensuring full compliance with regulatory requirements.

Historical Stock Returns for SKM Egg Products Export

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-0.23%-1.92%+2.53%+2.76%+2.76%+2.76%
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