Thomas Scott (India) Limited's promoter Vedant Bang has acquired additional equity shares in the company, with formal disclosure made under SEBI Prohibition of Insider Trading Regulations. The acquisition demonstrates continued promoter confidence in the company's prospects and has been reported through proper regulatory channels.

Share Acquisition Details

Vedant Bang, who serves as Managing Director (E-comm) and promoter of Thomas Scott (India) Limited, acquired 25,000 equity shares through open market transactions on March 11, 2026. The acquisition represents 0.17% of the company's total share capital and was executed on BSE with a transaction value of ₹62,50,000.

Shareholding Pattern Changes

The acquisition has resulted in changes to Bang's overall shareholding in Thomas Scott (India) Limited. His total holding has increased from 5,12,936 shares to 5,37,936 shares, reflecting his continued investment in the company.

Regulatory Compliance and Disclosure

The transaction was disclosed through multiple regulatory filings to ensure full compliance with SEBI regulations. Bang submitted Form B under Regulation 7(2) read with Regulation 6(2) of SEBI Prohibition of Insider Trading Regulations on March 11, 2026. The company's Managing Director Brijgopal Bang subsequently filed the disclosure with stock exchanges on March 12, 2026.

Company Capital Structure

Thomas Scott (India) Limited maintains a stable capital structure with the equity share capital remaining unchanged following this promoter acquisition. The company's shares are listed on both major Indian stock exchanges under scrip code 533941 on BSE and symbol THOMASCOTT on NSE.

The acquisition reflects standard promoter activity and demonstrates ongoing commitment to the company's growth trajectory. All regulatory requirements have been fulfilled with the timely submission of prescribed disclosure formats to the respective stock exchanges, ensuring transparency in insider trading activities.

Thomas Scott (India) Limited has delivered robust financial performance in Q3FY26, showcasing significant revenue growth and operational expansion across its diversified business verticals. The company's latest investor presentation reveals strong momentum in both B2C and B2B segments.

Q3FY26 Financial Performance

The company reported impressive quarterly results with revenue from operations reaching ₹663 million, marking a substantial 46.0% year-on-year growth from ₹454 million in Q3FY25. Quarter-on-quarter growth stood at 16.5% compared to ₹569 million in Q2FY26.

Nine-Month Performance Highlights

The company's nine-month performance for FY26 demonstrates sustained growth trajectory with revenue reaching ₹1,771 million, representing a remarkable 56.2% increase from ₹1,134 million in 9M-FY25.

Earnings Call Transcript Released

Following the strong quarterly results, Thomas Scott (India) Limited has released the complete transcript of its earnings conference call held on February 16, 2026. The transcript was submitted to BSE and NSE on February 17, 2026, under Regulation 30 compliance requirements.

Fire Incident and Recovery

During the earnings call, Managing Director Vedant Bang disclosed details about an unforeseen fire incident at the company's Bhiwandi warehouse on November 25, 2025. The incident resulted in inventory loss with a carrying value of ₹21.85 crores, which was adequately covered under the company's insurance policy.

The management emphasized that there was no loss of life and the supply chain operations were quickly restored with minimal disruption to customers and channel partners. The company estimates potential revenue impact of 15-20% for the quarter, though actual impact was minimized through enhanced operational efforts.

Segment Performance and Business Updates

The company's own brand Thomas Scott recorded revenues of ₹27 crores, marking a 91% year-on-year growth, reflecting strong direct-to-consumer franchise performance. The licensed and other brand segment reported revenue of ₹34 crores, up 18% year-on-year, while contract manufacturing contributed ₹5 crores with 113% growth.

Manufacturing Capacity and Operations

Thomas Scott operates through three key business verticals with a diversified revenue stream. The company's 9M-FY26 category-wise revenue split shows Men's Apparel dominating at 83%, followed by Women's Accessories at 8%, Kids Apparel at 6%, and Women's Apparel at 3%.

The company maintains a robust distribution network across India with manufacturing zones in Maharashtra and Bangalore, along with six retail outlets located in Bengaluru for its Thomas Scott brand offline presence. Winter wear collection contributed 15-20% to quarterly revenue, reaching 35% in December.