Success Merchants Private Limited has acquired a significant stake in Purshottam Investofin Limited through open market transactions, as disclosed in a regulatory filing dated December 9, 2025. The acquisition represents a substantial investment in the finance sector company.

Acquisition Details

The transaction involved the purchase of 3,78,020 equity shares of face value ₹10 each, representing 5.09% of Purshottam Investofin Limited's paid-up equity share capital. The acquisition was completed through open market purchases conducted over an extended period.

Shareholding Pattern Changes

Prior to this acquisition, Success Merchants Private Limited held no shares in Purshottam Investofin Limited. The company's shareholding position before and after the transaction shows a clear increase from zero holdings to a 5.09% stake.

Company Information

Purshottam Investofin Limited maintains a total equity share capital of ₹7,42,32,950, consisting of 74,23,295 equity shares of ₹10 each. The company's share capital structure remained unchanged following this acquisition, with the total diluted share capital continuing at the same level.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Success Merchants Private Limited, based in Kolkata, confirmed that it does not belong to the promoter or promoter group of Purshottam Investofin Limited. The acquisition represents a strategic investment by the acquirer in the target company's equity shares through legitimate market transactions.

Purshottam Investofin Limited, a non-banking financial company (NBFC), has announced its financial results for the second quarter and half-year ended September 30, 2025. The company reported a significant downturn in its financial performance compared to the same period last year.

Financial Performance

For the quarter ended September 30, 2025, Purshottam Investofin reported:

The company's performance for the half-year ended September 30, 2025, also showed a decline:

Key Highlights

• Interest income decreased to Rs 394.34 lakhs in H1 FY2026 from Rs 433.18 lakhs in H1 FY2025.
• Total expenses saw a significant increase, primarily due to higher finance costs and impairment on financial instruments.
• The loan portfolio decreased to Rs 4,063.26 lakhs as of September 30, 2025, compared to Rs 6,453.53 lakhs as of March 31, 2025.
• Cash and cash equivalents increased substantially to Rs 543.62 lakhs from Rs 42.22 lakhs at the end of the previous financial year.

Balance Sheet Overview

As of September 30, 2025:

• Total assets stood at Rs 7,860.71 lakhs, down from Rs 8,323.57 lakhs as of March 31, 2025.
• Total financial liabilities were Rs 2,224.77 lakhs, compared to Rs 2,613.90 lakhs at the end of FY2025.
• The company's equity share capital remained unchanged at Rs 742.33 lakhs.

Management Commentary

The company's board of directors approved these unaudited financial results in their meeting held on November 06, 2025.

Operational Updates

Purshottam Investofin Limited continues to operate as a single reportable segment in the context of Operating Segment as defined under Ind AS 108. The company has not acquired or transferred any stressed loans during the half-year ended September 30, 2025, as per the RBI's Master Direction on Transfer of Loan Exposures.

Investors and stakeholders should note that the company's financial performance has seen a significant decline compared to the previous year. The increase in expenses and decrease in income have led to a net loss, which may require close monitoring of the company's strategies and market conditions in the coming quarters.