Latest news about Variman Global Enterprise
Variman Global Enterprise
3.80
+0.04(+1.06%)
Company Performance:
View Company Insights1D+1.06%
1M-24.00%
6M-45.01%
1Y-64.29%
5Y-4.76%
More news about Variman Global Enterprise
10Dec 25
Variman Global Withdraws Proposal to Acquire Cultnerd IT Solutions
Variman Global Enterprises Limited has formally communicated to BSE Limited the withdrawal of its acquisition proposal for 7,600 equity shares of Cultnerd IT Solutions Private Limited. The share-swap arrangement, initially approved at an EGM in July and receiving BSE in-principle approval in November, did not materialize and has now lapsed.
13Nov 25
Variman Global Enterprises Reports Mixed Q2 FY26 Results with Consolidated Profit
Variman Global Enterprises Limited announced its Q2 FY26 results. Consolidated total income reached Rs. 3,311.06 lakhs with a net profit of Rs. 208.49 lakhs. Standalone performance showed a total income of Rs. 644.14 lakhs with a marginal net loss. Subsidiary Straton Business Solutions and Verteex Vending contributed positively to half-year results. Consolidated balance sheet reported total assets of Rs. 10,572.96 lakhs and total equity of Rs. 5,157.55 lakhs as of September 30, 2025.
12Nov 25
Variman Global Enterprises Cancels 2.7 Crore Convertible Warrants, Forfeits Rs 13.49 Crore
Variman Global Enterprise Limited has cancelled 2.69,80,000 convertible warrants due to warrant holders failing to exercise their conversion option within the given timeframe. The cancellation resulted in the forfeiture of Rs 13.49 Crore, which was the upfront amount paid at allotment. The warrants, originally issued at Rs 20.00 per warrant on a preferential basis to non-promoters, had a total value of Rs 53.96 Crore. No warrants were exercised during the 18-month conversion period, which ended on November 10, 2025. The company's capital structure remains unchanged following this cancellation.
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