Hit Kit Global Solutions Ltd. has seen a significant change in its shareholding structure as Prakash Shah and his associate Suman Prakash Shah increased their stake in the company.

Key Highlights

• Prakash Shah and Suman Prakash Shah acquired 10,09,789 shares, representing 2.07% of the company's equity.
• The acquisition was made through open market purchases across various dates.
• Their combined shareholding increased from 9.09% to 11.16% following the transaction.

Transaction Details

Company Information

• Hit Kit Global Solutions Ltd. has an equity capital of 4.89 crore shares with a face value of Rs. 10 each.
• The acquisition was made through open market purchases.

This increase in shareholding by Prakash Shah and his person acting in concert Suman Prakash Shah represents a significant development for the company. The additional 10,09,789 shares acquired represent a 2.07% stake in Hit Kit Global Solutions, bringing their combined shareholding from 9.09% to 11.16%.

Investors should note that changes in shareholding structure do not necessarily indicate immediate changes in the company's operations or strategy. It is advisable to conduct thorough research and consider various factors before making investment decisions based on this information.

Hit Kit Global Solutions Limited, a company operating in retail of agro produce and resort property development, has announced its unaudited financial results for the second quarter and half year ended September 30, 2025. The results, approved by the Board of Directors on November 12, 2025, showcase the company's performance across its two business segments.

Financial Highlights

Segment Performance

Retail of Agro Produce

The retail of agro produce segment generated revenue of ₹20.21 lakhs for the quarter ended September 30, 2025. This represents a slight increase from the previous quarter's revenue of ₹19.90 lakhs. However, it's a significant decrease compared to the same quarter last year, which saw revenue of ₹41.98 lakhs.

Resort Property Development

The resort property development segment did not generate any revenue for the quarter under review.

Financial Position

The company's paid-up equity share capital stands at ₹978.00 lakhs, with a face value of ₹2 per share.

Audit Review

The financial results have been reviewed by the Audit Committee and received a limited review from the statutory auditors, Ishwarlal & Co., Chartered Accountants. The auditors have not reported any material misstatement in the financial results.

Performance Overview

While Hit Kit Global Solutions has shown quarter-on-quarter growth in its agro produce segment, the year-on-year decline in revenue and profit indicates challenges in the operating environment. The lack of revenue from the resort property development segment may also be a point of consideration for stakeholders.