Sugal & Damani Share Brokers Ltd has submitted a regulatory disclosure to the Bombay Stock Exchange regarding insider trading activities by one of its promoters. The filing, made on December 24, 2025, pertains to share acquisition activities conducted under SEBI's Prohibition of Insider Trading Regulations, 2015.

Transaction Details

Promoter Bhagwandas Chandak executed an off-market acquisition of equity shares on December 22, 2025. The transaction was formally intimated to the company on December 23, 2025, followed by the regulatory filing the next day.

Shareholding Changes

The acquisition resulted in a marginal increase in Chandak's stake in the company. His shareholding position before and after the transaction shows the following changes:

Regulatory Compliance

The disclosure was made in compliance with Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary Radhika Maheshwari signed the filing on behalf of the company, ensuring adherence to the mandatory disclosure requirements for designated persons.

The promoter Bhagwandas Chandak is listed with PAN number AACPC2612C and maintains his address at 41/3 Kadambari Group, Apartment, Ritherdon Road, Vepery, Chennai 600007. No derivative trading activities were reported in connection with this transaction.

Company Information

Sugal & Damani Share Brokers Ltd operates under CIN L65991TN1993PLC028228 with its registered office located at Siyat House III Floor, 961, Poonamallee High Road, Chennai-600084. The company's securities carry the ISIN code INE309D01011 for trading and settlement purposes.

Sugal & Damani Share Brokers Limited, a company operating in stock broking and real estate segments, has announced robust financial results for the first quarter. The company witnessed a significant increase in net profit, demonstrating strong performance across its business segments.

Financial Highlights

• Net Profit: Rs 203.88 lakhs, up 41.7% from Rs 143.88 lakhs in the same quarter of the previous year
• Revenue from Operations: Rs 616.39 lakhs, compared to Rs 646.10 lakhs in the corresponding quarter
• Earnings per Share (EPS): Rs 3.26, improved from Rs 2.30 in the previous year's quarter

Segment-wise Performance

The company's operations are divided into two primary segments:

1. Real Estate: Generated revenue of Rs 556.08 lakhs
2. Stock Broking: Contributed Rs 82.33 lakhs to the total revenue

Operational Overview

Despite a slight dip in revenue from operations, Sugal & Damani Share Brokers managed to significantly improve its profitability. This suggests effective cost management and operational efficiency improvements during the quarter.

Other Comprehensive Income

The company reported other comprehensive income of Rs 23.73 lakhs (net of tax), contributing to a total comprehensive income of Rs 227.61 lakhs for the quarter.

Annual General Meeting and Book Closure

The company has scheduled its 32nd Annual General Meeting for September 29. In connection with this, the Register of Members and Share Transfer Books will remain closed from September 15 to September 29 (both days inclusive).

Conclusion

Sugal & Damani Share Brokers Limited has demonstrated a strong start to the fiscal year, with substantial growth in profitability. The company's diverse business model, spanning both stock broking and real estate sectors, appears to be yielding positive results. Investors and stakeholders will likely be watching closely to see if this growth trajectory can be maintained in the coming quarters.

Note: All financial figures are based on the unaudited financial results for the quarter ended June 30, as approved by the company's Board of Directors.