Alstone Textiles (India) Ltd has received a disclosure from Trans Globe NKS Holdings Ltd regarding the disposal of equity shares under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated February 28, 2026, details a significant reduction in Trans Globe NKS Holdings' shareholding in the textile company.

Share Disposal Details

Trans Globe NKS Holdings Ltd disposed of 195651261 equity shares, representing 3.12% of Alstone Textiles' total share capital. The disposal was executed through multiple open market transactions conducted between January 22, 2026, and February 26, 2026.

Transaction Timeline

The share disposal was conducted across eleven separate trading sessions over a period of approximately five weeks. The transactions varied in size, with the largest single-day disposal occurring on February 11, 2026.

Company Information

Alstone Textiles (India) Ltd maintains its registered office at R-815 New Rajinder Nagar, North East Delhi, New Delhi-110060, with shares listed on BSE Limited. The company has a total equity share capital of 627480000 shares of ₹1 each. Trans Globe NKS Holdings Ltd, the disposing entity, is not part of the promoter or promoter group of Alstone Textiles.

Regulatory Compliance

The disclosure was submitted in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Trans Globe NKS Holdings confirmed that it held no encumbrances, warrants, convertible securities, or other instruments that would entitle it to additional voting rights in Alstone Textiles either before or after the disposal. The company's Managing Director Deepak Kumar Bhojak acknowledged receipt of the disclosure and confirmed its submission to BSE Limited for record purposes.

Alstone Textiles (India) Limited has published its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, pursuant to Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company submitted the newspaper publication extracts to BSE Limited on February 3, 2026, fulfilling its regulatory compliance requirements.

Financial Performance Overview

The textile company demonstrated strong operational performance during the third quarter of FY26. The financial results show significant improvement across key metrics compared to the corresponding period in the previous year.

Quarterly Financial Results

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained its growth trajectory with substantial improvements in operational metrics.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on February 2, 2026. The company maintained its paid-up equity share capital at ₹62,748.00 lakhs throughout the reporting periods.

Regulatory Disclosure

The financial results were published in English Daily Open Search and Hindi Daily Open Search newspapers, with web links provided for direct access. The complete detailed format of quarterly financial results has been filed with the stock exchange under Regulation 33 of SEBI regulations and is available on the company's website.

Key Financial Highlights

The company's operational income showed remarkable growth of over 900% in the current quarter compared to the same period last year. The nine-month performance also reflected strong business momentum with total income increasing by 54.2% year-over-year. Net profitability margins remained robust, with the company maintaining strong operational efficiency throughout the reporting period.

The Board of Directors, led by Managing Director Deepak Kumar Bhojak and Director Ramesh Kumar, approved these results, demonstrating the company's commitment to transparent financial reporting and regulatory compliance.