Jetmall Spices & Masala
36.32
-36.32(-100.00%)
Market Cap₹21.80 Cr
PE Ratio-29.29
Company Performance:
1D-100.00%
1M-100.00%
6M-100.00%
1Y-100.00%
5Y-100.00%
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More news about Jetmall Spices & Masala
28Oct 25
BSE Rejects Jetmall Spices' Rs. 35.14 Crore Preferential Warrant Issue Application
Jetmall Spices & Masala's application for in-principle approval to issue 1,52,82,000 convertible equity warrants on a preferential basis has been rejected by the Bombay Stock Exchange (BSE). The proposed issue size of Rs. 35.14 crore significantly exceeded the company's current balance sheet size of Rs. 9.05 crore. BSE also questioned the alignment between the stated purpose of the issue (providing loans to start-ups) and Jetmall's main business of trading spices, masala, and food products. The company is currently evaluating its next course of action.
22Oct 25
Jetmall Spices & Masala Limited to Consider Fund Raising Options in Upcoming Board Meeting
Jetmall Spices & Masala Limited has scheduled a board meeting for October 27, 2025, to consider and potentially approve a fund raising proposal. The company is exploring various methods including preferential issue, qualified institutional placement, rights issue, or other permissible modes. Any fund raising activity will be subject to necessary approvals. The company has implemented a trading window closure from October 1, 2025, until 48 hours after the declaration of H1 FY2026 results for designated persons.
03Oct 25
Jetmall Spices and Masala Limited Boosts Authorized Share Capital to Rs. 22 Crore
Jetmall Spices & Masala has successfully amended its Memorandum of Association to increase its authorized share capital to Rs. 22.00 crore, divided into 2.20 crore equity shares of Rs. 10.00 each. The amendment was approved unanimously by shareholders through a postal ballot. Additionally, shareholders approved the issuance of warrants convertible into equity shares on a preferential basis to non-promoters and increased limits for investments, loans, and guarantees. The move aims to facilitate future capital issuances and support the company's growth and expansion plans.
16Sept 25
Aggarwal Family Launches Open Offer for 26% Stake in Jetmall Spices at ₹12.50 Per Share
The Aggarwal family has announced an open offer to acquire up to 26.03% of Jetmall Spices & Masala at ₹12.50 per share. They've already purchased a 20.10% stake at ₹11.00 per share. The offer period is from September 17-30, 2025. Jetmall's board has approved increasing authorized share capital to ₹22.00 crore and issuing 1.53 crore convertible warrants at ₹23.00 each, subject to shareholder approval. The company recently appointed three new directors and paid a penalty for past non-compliance.
05Sept 25
Jetmall Spices & Masala Limited Announces Key Board Decisions, Including New Director Appointment and Office Relocation
Jetmall Spices & Masala Limited has made several important announcements following its Board meeting. The company has scheduled its 13th AGM via video conferencing, with e-voting arrangements in place. Mr. Shrey Aggarwal has been appointed as an Additional Director for a three-year term. The company plans to relocate its registered office to a different state. Anmol S Kumar & Associates have been appointed as Internal Auditors for FY 2025-26. The Board has also approved various reports for the year ended March 31, 2025.
13Aug 25
Raman Aggarwal Group Acquires 20.10% Stake in Jetmall Spices & Masala, Gains Management Control
The Raman Aggarwal group has completed a significant acquisition of shares in Jetmall Spices & Masala, increasing their stake from 15.22% to 35.32%. This off-market transaction involved the purchase of 12,04,300 equity shares, resulting in the group gaining management control of the company. Raman Aggarwal's individual shareholding increased to 19.79%, while Anju Aggarwal and Shrey Aggarwal now hold 8.62% and 6.91% respectively. The acquisition was disclosed to regulatory authorities in compliance with SEBI regulations.
02Aug 25
Jetmall Spices and Masala Limited Announces Key Resignations and Board Meeting
Jetmall Spices & Masala reported key resignations effective August 01, 2025: Ms. Manisha as Company Secretary and Compliance Officer, and M/s. A K Jain & Associates as Secretarial Auditors. A board meeting is scheduled for August 09, 2025, to discuss a Share Purchase Agreement, proposal to shift the registered office within Chennai, noting of resignations, and appointment of new Secretarial Auditors. The Share Purchase Agreement involves promoter Mr. Bharat Kumar Pukhraj, who holds 12,04,300 equity shares.
Jetmall Spices & Masala
36.32
-36.32
(-100.00%)
1 Year Returns:-100.00%
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