Advik Capital Discloses Enforcement Directorate Visit to Promoter's Premises

1 min read     Updated on 13 Nov 2025, 08:13 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Enforcement Directorate officials visited premises associated with Advik Capital Limited's promoter regarding a decade-old matter involving unrelated third parties. The visit included the promoter's residence and an office of another entity where the promoter has interests. Advik Capital emphasized that the inquiry has no direct impact on the company's operations or financials, and the company itself was not visited or contacted by the ED. The visit concluded without adverse outcomes, and the disclosure was made to ensure transparency and prevent speculation.

24590586

*this image is generated using AI for illustrative purposes only.

Advik Capital Limited (ISIN: INE178T01024) has recently made a significant disclosure regarding a visit by Enforcement Directorate (ED) officials to premises associated with the company's promoter. This development has raised questions about potential regulatory scrutiny, although the company maintains that the visit has no direct impact on its operations or financials.

Key Details of the ED Visit

  • Visited Locations:
    • Promoter's residence
    • Office of another entity where the promoter holds interest
  • Nature of Visit: Related to a decade-old matter involving unrelated third parties
  • Company's Stance: No dealings or underlying interests with the involved parties
  • Outcome: Visit concluded without adverse outcome
  • Impact on Advik Capital: No direct visit or communication to the company

Company's Official Statement

In its official communication to the BSE Limited, dated November 13, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Advik Capital emphasized the following points:

  1. The matter under investigation is approximately a decade old.
  2. It involves third parties unrelated to the company or its promoter's interests.
  3. The company asserts that the inquiry has no bearing on Advik Capital's business or financial position.
  4. The disclosure was made to ensure transparency and prevent speculation.

Implications and Outlook

While the ED visit to the promoter's premises might raise concerns among investors, Advik Capital has been quick to clarify that the company itself has not been directly approached by the authorities. The management's prompt disclosure aims to maintain transparency and mitigate potential market speculation.

Investors and stakeholders should note that regulatory inquiries, even when not directly involving the company, can sometimes impact market sentiment. However, based on the information provided, Advik Capital maintains that its operations and financials remain unaffected by this development.

As the situation evolves, market participants will likely keep a close eye on any further disclosures or developments related to this matter. It remains crucial for investors to consider this information in the context of the company's overall performance and regulatory compliance track record.

Advik Capital's proactive approach in disclosing this information aligns with regulatory requirements and demonstrates a commitment to keeping shareholders informed about potentially material events, even when they are indirectly related to the company's affairs.

Historical Stock Returns for Advik Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+1.50%0.0%-11.76%-19.64%-38.91%+264.86%
Advik Capital
View in Depthredirect
like18
dislike

Advik Capital Reports Strong Q2 FY26 Results, Appoints New Independent Director

2 min read     Updated on 15 Oct 2025, 10:33 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Advik Capital Limited announced its Q2 FY26 results, showing a significant improvement in financial performance. The company's revenue increased by 39.2% to ₹567.11 lakh, and it reported a net profit of ₹58.88 lakh, compared to a loss in the same quarter last year. For H1 FY26, revenue grew by 37.6% to ₹1,308.08 lakh, but net profit declined by 49.3% to ₹106.94 lakh. Additionally, Advik Capital appointed Mr. Mukesh Kumar Puniani as an Additional Director (Non-Executive Independent) effective October 15, 2025, subject to shareholder approval. Mr. Puniani brings over 40 years of experience in the Indian financial sector.

22093395

*this image is generated using AI for illustrative purposes only.

Advik Capital Limited , a financial services company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, along with a key board appointment.

Financial Performance

The company reported a significant improvement in its financial performance for Q2 FY26:

Particulars (₹ in lakhs) Q2 FY26 Q2 FY25 YoY Change H1 FY26 H1 FY25 YoY Change
Revenue from Operations 567.11 407.40 39.2% 1308.08 950.36 37.6%
Net Profit 58.88 (24.13) 344.0% 106.94 210.84 (49.3%)

Advik Capital's consolidated revenue from operations for Q2 FY26 stood at ₹567.11 lakh, marking a 39.2% increase from ₹407.40 lakh in the same quarter last year. The company's net profit for the quarter reached ₹58.88 lakh, a significant turnaround from a loss of ₹24.13 lakh in Q2 FY25.

For the half-year ended September 30, 2025, the company reported a consolidated revenue of ₹1,308.08 lakh, up 37.6% from ₹950.36 lakh in the corresponding period of the previous year. However, the net profit for H1 FY26 decreased to ₹106.94 lakh from ₹210.84 lakh in H1 FY25, representing a 49.3% decline.

New Board Appointment

In a strategic move to strengthen its leadership, Advik Capital has appointed Mr. Mukesh Kumar Puniani as an Additional Director (Non-Executive Independent Director) with immediate effect from October 15, 2025. The appointment is subject to shareholder approval.

Mr. Puniani brings over four decades of experience in the Indian financial sector to Advik Capital's board. He holds B.Sc. and LL.B. degrees from the University of Delhi and has recently retired as Chief Manager from a scheduled nationalized bank. His extensive background in both banking and legal professions is expected to provide valuable insights to the company's operations and strategic decisions.

Management Commentary

While specific management comments were not provided in the available data, the company's financial results reflect a strong recovery in quarterly performance, particularly in revenue growth and profitability compared to the previous year. The appointment of Mr. Puniani as an Independent Director aligns with Advik Capital's commitment to enhancing its corporate governance and leveraging experienced professionals in the financial sector.

Investors and stakeholders will likely be watching closely to see how Advik Capital builds on this quarterly performance and utilizes the expertise of its newly appointed director to drive sustainable growth in the coming quarters.

Note: All financial figures are based on consolidated results unless otherwise specified.

Historical Stock Returns for Advik Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+1.50%0.0%-11.76%-19.64%-38.91%+264.86%
Advik Capital
View in Depthredirect
like20
dislike
More News on Advik Capital
Explore Other Articles
1.35
+0.02
(+1.50%)