Sumeru Industries Limited has announced that Mrs. Pooja Raja, identified as a Person Acting in Concert (PAC), has acquired additional equity shares in the company through an off-market transaction. The disclosure was made on March 10, 2026, in compliance with SEBI regulations governing substantial acquisition of shares.

Transaction Details

The share acquisition transaction presents the following key parameters:

Shareholding Analysis

The acquisition has resulted in a marginal increase in Mrs. Pooja Raja's stake in the company:

Company Share Capital Structure

Sumeru Industries Limited maintains a consistent equity share capital structure throughout the transaction period. The company's total equity share capital remains unchanged at 7,20,00,000 equity shares of ₹1 each before and after the acquisition. This indicates that the transaction involved existing shares rather than any fresh issuance of equity.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Company Secretary and Compliance Officer Nidhi K. Shah submitted the required documentation to BSE Limited on behalf of Sumeru Industries Limited. The company is listed on BSE Limited with scrip code 530445.

Key Transaction Highlights

The acquisition represents several notable aspects:

• Mrs. Pooja Raja does not belong to the promoter or promoter group
• No encumbrances, voting rights other than shares, or convertible securities were involved
• The transaction was conducted entirely through off-market purchase
• Total diluted share capital remains at 7,20,00,000 equity shares post-acquisition

Sumeru Industries Limited has reported its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a decline in profitability compared to the previous year. The company's board of directors approved these results in a meeting held on January 23, 2026.

Quarterly Financial Performance

The company's financial performance for Q3FY26 reflects reduced profitability across key metrics:

The company recorded total income of ₹6.86 lacs in Q3FY26, entirely from other income, as revenue from operations remained nil. This represents a 29.1% decline from ₹9.68 lacs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Sumeru Industries showed mixed results:

The nine-month performance shows total income of ₹25.06 lacs, down from ₹31.49 lacs in the previous year. Despite lower expenses of ₹22.07 lacs compared to ₹25.17 lacs, the company's net profit declined to ₹6.32 lacs from ₹9.36 lacs.

Expense Breakdown

The company's expense structure for Q3FY26 included:

• Employee benefits expense: ₹1.95 lacs
• Other expenses: ₹1.73 lacs
• Depreciation: ₹1.23 lacs
• Finance costs: ₹0.08 lacs

Employee benefits expense remained stable at ₹1.95 lacs compared to ₹2.77 lacs in Q3FY25, while other expenses decreased to ₹1.73 lacs from ₹2.61 lacs.

Capital Structure and Compliance

Sumeru Industries maintains a paid-up equity share capital of ₹720.00 lacs, consisting of shares with a face value of ₹1 each. The company operates in a single business segment and has adopted Indian Accounting Standards (Ind AS) for financial reporting.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditors Nitin K. Shah & Co., Chartered Accountants, conducted a limited review of the accounts and provided an unqualified review report, confirming compliance with applicable accounting standards and SEBI regulations.