Key Quantitative Figures

Standalone Financials (Quarter Ended 30-Sep-26):

  • Total Income: (₹279.66) lakhs (negative)
  • Profit/(Loss) Before Tax: (₹4,038.85) lakhs
  • Profit/(Loss) After Tax: (₹3,234.19) lakhs
  • Basic EPS: (₹3.70) per share

Standalone Financials (Half-Year Ended 30-Sep-26):

  • Total Income: ₹14,541.98 lakhs
  • Profit/(Loss) Before Tax: ₹12,278.95 lakhs
  • Profit/(Loss) After Tax: ₹9,920.36 lakhs
  • Basic EPS: ₹11.34 per share

Consolidated Financials (Quarter Ended 30-Sep-26):

  • Total Income: (₹2,628.68) lakhs (negative)
  • Profit/(Loss) Before Tax: (₹4,058.71) lakhs
  • Profit/(Loss) After Tax: (₹3,281.42) lakhs
  • Basic EPS: (₹3.75) per share

Consolidated Financials (Half-Year Ended 30-Sep-26):

  • Total Income: ₹16,312.21 lakhs
  • Profit/(Loss) Before Tax: ₹13,660.88 lakhs
  • Profit/(Loss) After Tax: ₹10,985.34 lakhs
  • Basic EPS: ₹12.56 per share

Balance Sheet (Standalone as at 30-Sep-26):

  • Total Assets: ₹1,07,778.97 lakhs
  • Total Liabilities and Equity: ₹1,07,778.97 lakhs
  • Borrowings: ₹45,363.82 lakhs
  • Equity Share Capital: ₹1,749.84 lakhs
  • Other Equity: ₹59,749.74 lakhs

Balance Sheet (Consolidated as at 30-Sep-26):

  • Total Assets: ₹1,23,674.63 lakhs
  • Total Liabilities and Equity: ₹1,23,674.63 lakhs
  • Borrowings: ₹45,363.82 lakhs
  • Equity Share Capital: ₹1,749.84 lakhs
  • Other Equity: ₹75,019.44 lakhs

Dates of Action

  • Board Meeting Date: 20 October 2026 (commenced 12:00 PM, concluded 1:45 PM)
  • Financial Period: Quarter and Half-Year ended 30 September 2026
  • Buyback Approval Date: 12 August 2026 (by Board)
  • Buyback Shareholder Approval: Subsequent Annual General Meeting
  • Letter of Offer filed with SEBI: 12 October 2026
  • Buyback Tender Period: 14 October 2026 to 21 October 2026

Parties Involved

  • Subsidiaries: Shriyam Broking Intermediary Limited (Wholly Owned), Shriyam Realtors Private Limited (Wholly Owned)
  • Statutory Auditors: Akkad Mehta & Co LLP (ICAI Firm Registration no. 100259W/W100384)
  • Review Partner: Nirav Mehta (Membership No. 152552)
  • Company Secretary: Daya Bhaliya (M. No: A24205)
  • Chairman: Devesh D Chaturvedi (DIN: 00004793)
  • Regulatory Authorities: SEBI, RBI, BSE

Purpose/Rationale

The Board meeting was convened to approve and take on record the unaudited financial results for the specified period, as required under SEBI Listing Regulations.

Financial/Operational Impact

Buyback Details:

  • Number of shares: 1,82,00,000 equity shares
  • Face value: ₹2 per share
  • Buyback percentage: 21.94% of total paid-up equity share capital
  • Price: ₹260 per equity share
  • Aggregate amount: ₹115.20 crores
  • Method: Tender offer route

Segment Information:

The Group operates primarily in two segments:

1. Investment and Finance activities (holding, investing, and financing)

2. Other activities (Stock & Securities Broking)

Capital Structure Impact

The buyback, when completed, will reduce the paid-up equity share capital by 21.94%.

Cash Flow Implications

The buyback will result in a cash outflow of up to ₹115.20 crores when completed.

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the disclosure.

Material Changes

  • Significant swing from profit in Q1 (₹131.65 crore standalone net profit) to loss in Q2 (₹323.42 crore standalone net loss)
  • Substantial increase in borrowings from ₹27,401.68 lakhs (Mar 2026) to ₹45,363.82 lakhs (Sep 2026) on standalone basis
  • Major increase in investments from ₹76,146.11 lakhs (Mar 2026) to ₹89,955.29 lakhs (Sep 2026) on standalone basis