Thirani Projects Director Offloads 4% Stake in Open Market Transactions

1 min read     Updated on 25 Aug 2025, 06:13 PM
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Naman SharmaBy ScanX News Team
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Overview

Moreplus Merchants Private Limited, a non-promoter entity, sold 808,060 equity shares (4.00% of total shareholding) of Thirani Projects through open market transactions between August 14-22, 2025. The sale reduced Moreplus Merchants' stake from 10.85% to 6.85%. The transaction was disclosed to BSE on August 25, 2025, in compliance with SEBI regulations.

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

Thirani Projects recently witnessed a significant change in its shareholding structure as a director sold a substantial portion of their stake in the company through open market transactions.

Key Details of the Share Sale

  • Seller: Moreplus Merchants Private Limited, a non-promoter entity
  • Shares Sold: 808,060 equity shares (4.00% of total shareholding)
  • Sale Period: August 14-22, 2025
  • Transaction Breakdown:
    • 200,099 shares (0.99%) sold between August 14-21, 2025
    • 607,961 shares (3.01%) sold on August 22, 2025

Impact on Shareholding

The sale has resulted in a notable change in the seller's position within the company:

Aspect Before Sale After Sale Change
Shares Held 2,192,858 1,384,798 -808,060
Shareholding Percentage 10.85% 6.85% -4.00%

Company Overview

Thirani Projects, listed on the Bombay Stock Exchange (BSE), has a total equity share capital of Rs. 20.21 crores, divided into 2.02 crore equity shares with a face value of Rs. 10 each.

Regulatory Compliance

In compliance with SEBI regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Moreplus Merchants Private Limited has filed the necessary disclosure with the BSE on August 25, 2025. This disclosure details the change in shareholding resulting from the open market transactions.

The sale represents a significant movement in the company's shareholding structure, potentially impacting the stock's trading dynamics. Investors and market watchers may want to keep an eye on any further developments or changes in the company's ownership pattern.

Historical Stock Returns for Thirani Projects

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.12%-13.52%+0.75%+8.92%+403.75%
Thirani Projects
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Thirani Projects Limited Reports 275.8% Surge in Q1 Net Profit

1 min read     Updated on 11 Aug 2025, 12:12 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

Thirani Projects Limited, a project management company, has reported a significant improvement in its Q1 financial performance. Net profit surged by 275.8% year-over-year to ₹16.92 lakh, while total revenue from operations increased by 10.7% to ₹22.14 lakh. Earnings per share improved from ₹0.02 to ₹0.08. The company's equity share capital remained stable at ₹2,021.29 lakh. The substantial profit increase, despite modest revenue growth, suggests successful implementation of cost-cutting measures and enhanced operational efficiency.

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

Thirani Projects Limited , a project management company, has reported a significant improvement in its financial performance for the first quarter. The company's net profit surged by 275.8% year-over-year, showcasing strong operational efficiency and cost management.

Financial Highlights

  • Total revenue from operations increased by 10.7% to ₹22.14 lakh, compared to ₹20.00 lakh in the same quarter last year.
  • Net profit jumped to ₹16.92 lakh, a substantial increase from ₹4.50 lakh in the previous year.
  • Earnings per share (EPS) improved significantly to ₹0.08 from ₹0.02.
  • The company's equity share capital remained stable at ₹2,021.29 lakh.

Performance Analysis

Despite a modest revenue growth of 10.7%, Thirani Projects Limited managed to achieve a remarkable 275.8% increase in net profit. This substantial improvement in profitability suggests that the company has successfully implemented cost-cutting measures and enhanced its operational efficiency during the quarter.

The significant rise in earnings per share from ₹0.02 to ₹0.08 reflects the company's improved performance on a per-share basis, which is likely to be viewed positively by investors.

Regulatory Compliance

In compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Thirani Projects Limited has submitted the newspaper publication of its un-audited standalone financial results for the quarter ended June 30. The results were published in 'Financial Express' (English) and 'Arthik Lipi' (Bengali) on August 09, as per the regulatory requirements.

Looking Ahead

While the company has shown impressive growth in profitability, investors and analysts will be keen to see if Thirani Projects Limited can maintain this momentum in the coming quarters. The management's ability to continue improving operational efficiency while driving revenue growth will be crucial for sustaining this positive trend.

As the project management sector continues to evolve, Thirani Projects Limited's performance in the subsequent quarters will be closely watched to assess its long-term growth prospects and market position.

Historical Stock Returns for Thirani Projects

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.12%-13.52%+0.75%+8.92%+403.75%
Thirani Projects
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