Swastika Investmart Ltd Approves Q1 Financial Results and Announces Preferential Allotment of Warrants

Swastika Investmart Ltd Approves Q1 Financial Results and Announces Preferential Allotment of Warrants

Swastika Investmart Ltd Approves Q1 Financial Results and Announces Preferential Allotment of Warrants​

Swastika Investmart Limited has announced key outcomes from its Board of Directors meeting held on Monday, July 20, 2026. The company approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and formalized a preferential allotment offering involving up to 90,50,000 warrants.

The Board meeting considered and approved the un-audited financial results for the quarter ending June 30, 2026, along with a limited review report. Furthermore, the board sanctioned the issuance and allotment of up to 90,50,000 warrants. These warrants are convertible into an equivalent number of Equity Shares (face value of Rs. 2) at an issue price of Rs. 63.64 each.

The preferential issue, which aggregates up to Rs. 57,59,42,000, is open to the Promoter/Promoter Group and Non-Promoter/other persons and was conducted in accordance with applicable laws. The allocation includes several key institutional and promoter group members.

Warrants Allotment Details​

The warrants offer a total consideration amounting up to Rs. 57,59,42,000 across the allotment. The investors categorized as Promoter were Mr. Sunil Nyati and Mrs. Anita Nyati, who each proposed 575,000 warrants with a total consideration of Rs. 3,65,93,000.

Among the Non-Promoter Group beneficiaries are Intelliquity Ventures LLP, Valueworth Advisors LLP, Mr. Ajay Popatlal Shah, and Mr. Sumit Bhalotia. The table below details the allocation by investor category.

CategoryNumber of Warrants Proposed for AllotmentTotal Consideration Amount (Rs.)
Promoter1,875,000Rs. 7,31,86,000
Non-Promoter Group90,50,000Rs. 57,59,42,000

Financial Performance Summary (Quarter Ended June 30, 2026)​

The company released un-audited financial results for the quarter ended June 30, 2026, both in standalone and consolidated formats. The Board also approved convening an Extraordinary General Meeting (EGM) on Friday, August 14, 2026, via Video Conferencing (VC) or Other Audio Visual Means (OAVM).

The financial performance highlights from the quarter are presented below:

Standalone Financial Results
MetricAmount (lakhs)
Total Income (1+2)2,892.12
Total Expenses (4)2,336.06
Profit / (loss) for the period (7-8)410.17

Consolidated Financial Results
MetricAmount (lakhs)
Total Revenue from Operations2,899.26
Total Income (1+2)2,731.90
Profit / (loss) for the period (7-8)376.36

Segment Performance Review​

Swastika Investmart Limited reported its unaudited consolidated segment results for the quarter ending June 30, 2026. The company identified two reportable segments: Broking and Related Activities and Merchant Banking Activities.

SegmentNet Sales / Revenue from Operations (lakhs)Profit / (loss) before Tax (lakhs)
Broking and Related Activities2,860.20533.17
Merchant Banking Activities29.35413.00
Others18.62465.19

The segment results also provided details on capital employed across the operational areas:

SegmentCapital Employed (lakhs)
Broking and Related Activities13,280.11
Merchant Banking Activities2.39
Others521.16

Stock Price Movement​

At the close of trade today, Rossell Techsys Limited settled at ₹978.60 after shedding 1.1%. Throughout the session, the shares traded within a range that spanned from a low of ₹970 to a high of ₹1012.95.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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