Satchmo Holdings
3.56
-0.07(-1.93%)
Market Cap₹51.88 Cr
PE Ratio0.05
Company Performance:
1D-1.93%
1M-5.32%
6M-7.53%
1Y-8.95%
5Y+17.49%
View Company Insightsright
More news about Satchmo Holdings
10Jan 26
Satchmo Holdings Limited Completes Divestment of Wholly Owned Subsidiary for ₹25 Lakh
Satchmo Holdings Limited completed divestment of wholly owned subsidiary Marathalli Ventures Private Limited for ₹25 lakh to Aviral Commercial Services LLP and Vital Realcon LLP on January 09, 2026. The subsidiary contributed ₹158 lakh income (10% of total) but had negative networth of ₹23,149 lakh. Transaction follows 2022 shareholder approval and completion of debt settlement with existing lenders.
 no imag found
09Jan 26
Satchmo Holdings Limited Announces Postal Ballot for Key Re-appointments and Related Party Transactions
Satchmo Holdings Limited has issued a postal ballot notice for three key resolutions: re-appointing Nitesh Shetty as Managing Director with ₹1.50 crores annual remuneration, re-appointing Gayathri MN as Independent Director for five years, and approving related party transactions worth up to ₹100 crores. The e-voting period runs from January 12-February 10, 2026, with results by February 11, 2026.
 no imag found
12Dec 25
Satchmo Holdings Board Approves Re-appointment of Chairman and Independent Director
Satchmo Holdings Limited's board approved re-appointments of Chairman & Managing Director Nitesh Shetty for one year and Independent Women Director Gayathri Muttur Nagaraj for a five-year second term on December 12, 2025. Both appointments are subject to shareholder approval and demonstrate commitment to experienced leadership and governance standards.
 no imag found
20Nov 25
NCLT Dismisses Insolvency Proceedings Against Satchmo Holdings Following Rs. 70 Crore Settlement
The National Company Law Tribunal (NCLT), Bengaluru Bench, has dismissed insolvency proceedings against Satchmo Holdings Limited. The company had previously paid Rs. 70.00 crores as part of a One-Time Settlement (OTS) agreement with JCF Asset Reconstruction Company (ARC). However, Satchmo Holdings is currently disputing the ARC's subsequent revocation of the OTS agreement and is pursuing legal recourse. The dismissal of insolvency proceedings provides the company with an opportunity to address its financial challenges outside the formal insolvency process.
 no imag found
08Nov 25
Satchmo Holdings Reports Q2 FY26 Profit, Settles Debt Amid Ongoing Financial Challenges
Satchmo Holdings Limited reported a profit of ₹36.84 crore in Q2 FY26, a significant improvement from the previous quarter's loss. The company settled ₹77.56 crore with JC Flower Asset Reconstruction Company and exited two real estate projects. However, Satchmo still faces financial challenges, including outstanding debt to HDFC Limited and statutory dues. Auditors have issued an adverse opinion, citing going concern issues due to negative net worth and working capital deficiency.
 no imag found
07Nov 25
Satchmo Holdings Faces OTS Revocation Despite Partial Payments
Satchmo Holdings Limited's One-Time Settlement (OTS) agreement with an Asset Reconstruction Company (ARC) has been revoked, despite full payments made by the company and one subsidiary. The second subsidiary sought a 45-day extension for its remaining payment of Rs. 31.44 crores. Satchmo Holdings is disputing the revocation and pursuing legal action. Separately, the company's shareholders overwhelmingly approved the re-appointment of Mr. Kumar Nellore Gopalakrishna as an Independent Director for a second term.
 no imag found
18Oct 25
Satchmo Holdings Fulfills Rs. 70 Crore One-Time Settlement with Asset Reconstruction Company
Satchmo Holdings Limited (BSE: 533202) has fully paid Rs. 70.00 crores to an Asset Reconstruction Company (ARC) as part of a One-Time Settlement (OTS) agreement. This settlement, initiated in August and completed on October 18, fulfills the company's liability to the ARC. The company has reported this as a material event under SEBI LODR Regulations.
 no imag found
05Aug 25
Satchmo Holdings Completes Rs 109 Crore Debt Settlement with ARC
Satchmo Holdings Limited has successfully completed its comprehensive Rs 109 crore debt settlement with an Asset Reconstruction Company, marking the full discharge of outstanding obligations for both the parent company and its two wholly-owned subsidiaries. The settlement, which was initially approved in August 2025, reached final completion on December 30, 2025, with the company receiving no dues certificates that formally confirm the closure of all debt obligations and significantly reduce both standalone and consolidated debt positions.
 no imag found
25Jul 25
Satchmo Holdings Reports Rs 261 Lakh Loss in Q1, Exits Real Estate Projects
Satchmo Holdings Limited reported a consolidated net loss of Rs 261.00 lakhs for Q1 FY24, compared to a profit of Rs 2,935.00 lakhs in Q1 FY23. Revenue from operations declined to Rs 13.00 lakhs from Rs 183.00 lakhs year-on-year. The company is exiting residential real estate projects, focusing on service business segments. It's negotiating debt restructuring with JC Flowers ARC and HDFC Limited. JC Flowers ARC has initiated insolvency proceedings against Satchmo Holdings for dues of Rs 38,595.00 lakhs, with the NCLT hearing scheduled for July 24. Auditors have raised concerns about the company's ability to continue as a going concern.
 no imag found
Satchmo Holdings
3.56
-0.07
(-1.93%)
1 Year Returns:-8.95%
Industry Peers
Nesco
1,215.40
(-0.52%)
CMS Info Systems
324.20
(+0.11%)
SIS
345.95
(-0.69%)
Nirlon
515.00
(+0.23%)
Hemisphere Properties
139.54
(-1.39%)
Indiqube Spaces
181.88
(+2.36%)
Quess Corp
210.77
(-2.91%)