Shivalik Rasayan Limited has disclosed another share transfer transaction involving its director's family member in compliance with SEBI regulatory requirements. The company filed the mandatory intimation with stock exchanges on December 29, 2025.

Latest Share Transfer Details

The recent disclosure pertains to a transaction involving Mrs. Kanchan Sharma, immediate relative of Mr. Ashwani Kumar Sharma, who serves as a Director of the company. The key details of the latest transaction are presented below:

Previous Transaction Record

This follows an earlier disclosure where Mr. Ashwani Kumar Sharma himself had transferred 62,650 equity shares by way of gift, which was disclosed on December 22, 2025.

Regulatory Compliance Framework

The company has fulfilled its obligation under SEBI regulations by filing Form-D pursuant to Regulation 7(3) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. This disclosure was submitted to both major stock exchanges where the company's shares are listed.

Stock Exchange Communication

Shivalik Rasayan Limited communicated this transaction to:

• BSE Limited (Stock Code: 539148)
• National Stock Exchange of India Ltd (Symbol: SHIVALIK)

The disclosure was signed by Parul Choudhary, Company Secretary and Compliance Officer (ACS: 34854), ensuring proper authorization and compliance with corporate governance norms.

Transaction Significance

The transfer of 1,12,000 equity shares by way of gift to the director's immediate relative represents a standard insider trading disclosure that listed companies must file when their directors, key managerial personnel, or designated persons and their relatives engage in share transactions. Such disclosures ensure transparency in the securities market and help maintain investor confidence by providing visibility into insider trading activities involving connected persons.

Shivalik Rasayan , a prominent player in the chemical industry, has released its financial results for the fourth quarter, revealing a mixed performance with improvements in some areas and challenges in others.

EBITDA and Margin Decline

The company reported a significant decrease in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q4. The EBITDA stood at ₹58.00 crore, down from ₹93.00 crore in the same quarter of the previous year, marking a substantial year-over-year decline. Consequently, the EBITDA margin also saw a decrease, dropping to 8.30% from 13.04% in the corresponding quarter last year.

Revenue Performance

Shivalik Rasayan's revenue for the fourth quarter was reported at ₹694.00 crore, showing a slight decrease compared to ₹712.00 crore in the same quarter of the previous year. This marginal decline in revenue might be attributed to various market factors or industry-specific challenges.

Profit Analysis

Despite the challenges in EBITDA and revenue, the company managed to improve its bottom line. The consolidated net profit for Q4 increased to ₹41.00 crore, up from ₹34.00 crore in the same quarter last year, representing a year-over-year growth. However, it's worth noting that the profit showed a sequential decline when compared to the previous quarter's figure of ₹53.00 crore.

Financial Performance Overview

The financial results paint a picture of a company navigating through a challenging business environment. While Shivalik Rasayan has managed to improve its net profit on a year-over-year basis, the decline in EBITDA and revenue suggests that the company might be facing some headwinds in its operations or market conditions.

The management of Shivalik Rasayan will likely focus on strategies to improve operational efficiency and boost revenue in the coming quarters to address the challenges highlighted in this financial report.