Rajdularidevi Taparia Acquires 18.23 Lakh Shares in Taparia Tools Through Transmission

1 min read     Updated on 26 Aug 2025, 04:21 PM
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Overview

Rajdularidevi Taparia, a promoter group member of Taparia Tools Limited, has acquired 18,23,250 equity shares (12.01% of total voting capital) through transmission following her husband's demise. The off-market transfer occurred on August 5, 2025. This transaction within the promoter group doesn't alter overall promoter holding but significantly changes individual shareholding patterns. The company has disclosed this information in compliance with SEBI regulations.

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Taparia Tools Limited , a prominent player in the tools manufacturing sector, has reported a significant change in its shareholding pattern. Rajdularidevi Taparia, a member of the company's promoter group, has acquired a substantial stake in the company through transmission following the demise of her husband, Late Shri Harnarayan Taparia.

Key Details of the Transaction

  • Acquisition: Rajdularidevi Taparia acquired 18,23,250 equity shares of Taparia Tools Limited.
  • Shareholding Percentage: The acquired shares represent 12.01% of the company's total voting capital.
  • Mode of Transfer: The acquisition was completed via off-market transfer through transmission.
  • Date of Transaction: August 5, 2025
  • Total Shareholding: Post-acquisition, Rajdularidevi Taparia's total shareholding stands at 12.01% of the company's equity share capital.

Regulatory Compliance

The transaction was disclosed in compliance with the Securities and Exchange Board of India (SEBI) regulations regarding substantial acquisition of shares and takeovers. Taparia Tools Limited has duly submitted the required disclosures to the BSE Limited, where its shares are listed.

Company Background

Taparia Tools Limited, with its registered office in Nashik, Maharashtra, is known for its range of hand tools and equipment. The company, incorporated in 1965, has been a significant player in the Indian tools manufacturing industry.

Implications of the Transaction

This transmission of shares within the promoter group does not alter the overall promoter holding in the company. However, it represents a significant change in the individual shareholding pattern within the promoter group following the unfortunate demise of Late Shri Harnarayan Taparia.

The disclosure of this transaction ensures transparency for the company's shareholders and the market at large, in line with SEBI's regulatory requirements for listed entities.

Investors and market participants are advised to take note of this change in shareholding structure, although it does not impact the total promoter holding or trigger any open offer requirements under SEBI regulations.

Historical Stock Returns for Taparia Tools

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+10.19%-32.93%+67.92%-87.22%
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Taparia Tools Reports 15% Jump in Q1 Net Profit, Declares Rs 25 Per Share Dividend

1 min read     Updated on 12 Aug 2025, 04:39 PM
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Overview

Taparia Tools Limited reported strong Q1 financial results with net profit rising 15% to Rs 34.58 crore and revenue growing 16.8% to Rs 246.74 crore. The company approved a final dividend of Rs 25 per equity share. Earnings per share improved to Rs 22.78. The company maintains its focus on the hand tools business segment. The financial results were reviewed and approved by the Board of Directors and audited by M/s. Batliboi & Purohit Chartered Accountants.

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Taparia Tools Limited , a leading manufacturer of hand tools, has reported a strong financial performance for the first quarter. The company's net profit rose by 15% year-on-year, accompanied by robust revenue growth and shareholder rewards.

Financial Highlights

  • Net profit increased to Rs 34.58 crore, up from Rs 30.07 crore in the same quarter last year, marking a 15% growth.
  • Revenue from operations climbed to Rs 246.74 crore, compared to Rs 211.18 crore in the previous year, representing a 16.8% increase.
  • Total expenses rose to Rs 198.55 crore from Rs 173.78 crore year-on-year.
  • Earnings per share (EPS) improved to Rs 22.78, up from Rs 19.81 in the corresponding quarter of the previous year.

Dividend Announcement

In a move that will please shareholders, Taparia Tools' 59th Annual General Meeting approved a final dividend of Rs 25 per equity share. This generous payout reflects the company's strong financial position and commitment to rewarding its investors.

Operational Focus

Taparia Tools continues to operate exclusively in the hand tools business segment, maintaining its specialized focus in this industry. This strategic concentration has likely contributed to the company's ability to drive growth in both revenue and profitability.

Board Meeting Outcomes

The company's Board of Directors met to review and approve the financial results. The meeting, which commenced at 2:10 PM and concluded at 3:10 PM, saw the board adopt the Statement of Standalone Unaudited Financial Results. These results were prepared in accordance with the Indian Accounting Standards (Ind-AS) Rules and reviewed by the statutory auditors, M/s. Batliboi & Purohit Chartered Accountants.

Auditor's Review

The independent auditor's review, conducted by Batliboi & Purohit, found no material misstatements in the financial results. The review was performed in accordance with the Standard on Review Engagements (SRE) 2410, ensuring compliance with regulatory requirements and accounting principles.

Taparia Tools' strong start to the fiscal year, with double-digit growth in both revenue and profit, positions the company well for the coming quarters. The substantial dividend payout further underscores the management's confidence in the company's financial health and future prospects.

Note: All financial figures are in Indian Rupees (INR).

Historical Stock Returns for Taparia Tools

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+10.19%-32.93%+67.92%-87.22%
Taparia Tools
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