The Sandesh Limited Approves Amalgamation of Subsidiary, Releases Quarterly Financial Results
The Sandesh Limited has approved a major scheme of amalgamation involving its wholly-owned subsidiary, Sandesh Digital Private Limited. Alongside this corporate action, the company released its unaudited financial results for the quarter ended June 30, 2026, and set the record date for the final dividend applicable to the financial year 2025-26.The Board of Directors approved the amalgamation scheme between Sandesh Digital Private Limited (the Transferor Company) and The Sandesh Limited (the Transferee Company). The Scheme details the transfer and vesting of the entire business and undertaking of the Transferor Company into the Transferee Company, effective from the Appointed Date. Since the Transferor Company is a wholly-owned subsidiary, no shares of the Transferee Company are to be issued or allotted in exchange for the holding of the Transferor Company.
The amalgamation aims to optimize resource utilization and achieve considerable synergies across operations, leading to economies of scale and effective coordination, as well as reducing overheads and administrative expenses. The company also approved the continuation of Smt. Pannaben F. Patel as a Non-Executive Director following her attaining 75 years of age.
Financial Highlights for Quarter Ended June 30, 2026
The Company released unaudited financial results for the quarter ended June 30, 2026, across standalone and consolidated categories. The results are subject to a limited review by statutory auditors.Key figures from the Standalone Unaudited Financial Results (in lakhs) are presented below:
| Particulars | Quarter Ended June 30, 2026 | March 31, 2025 | June 30, 2025 | March 31, 2025 |
|---|---|---|---|---|
| Total Income | 54,990.52 | 21,591.39 | 12,757.18 | 45,505.81 |
| Profit / Loss before tax | 11,030.64 | (3,092.22) | 7,150.15 | 9,920.19 |
| Profit / Loss after tax for the Period | 9,982.87 | 3,427.46 | 5,833.86 | 6,740.79 |
| Basic and Diluted Earnings per Equity Share (Rs. 10/- each) | 131.88* | (45.28) | 77.07 | 89.05 |
In the Consolidated Financial Results for the quarter, key revenue and profit figures are as follows:
| Particulars | Quarter Ended June 30, 2026 | March 31, 2025 | June 30, 2025 | March 31, 2025 |
|---|---|---|---|---|
| Total Revenue | 45,877.99 | 7,332.67 | 7,332.67 | 43,970.39 |
| Profit / Loss before exceptional item and tax | 10,996.69 | (3,123.80) | 7,727.72 | 9756.03 |
| Profit/Loss after tax for the Period | 9,948.61 | 3,453.51 | 5,803.89 | 6,584.33 |
Dividend and Director Updates
The Board meeting held on August 05, 2026, fixed Friday, August 14, 2026 as the Record Date to determine shareholder eligibility for a Final Dividend of Rs. 5.00 (Five Rupees Only) per equity share of face value Rs. 10/- for the Financial Year 2025-26.Additionally, the Board approved the continuation of Smt. Pannaben F. Patel's appointment as Non-Executive Director. She was initially appointed on October 29, 2010, and is due to attain 75 years on October 17, 2027.
Amalgamation Scheme Details
The amalgamation involves Sandesh Digital Private Limited (a wholly owned subsidiary) being integrated into The Sandesh Limited. The business of the Transferor Company will be transferred to and vest in the Transferee Company.Key details regarding the financial standing of the companies as at March 31, 2026:
| Particulars | The Sandesh Limited (Transferee Company) | Sandesh Digital Private Limited (Transferor Company) |
|---|---|---|
| Authorized Share Capital | Rs. 15,00,00,000/- | Rs. 1,00,00,000/- |
| Paid-up Share Capital | Rs. 7,56,94,210/- | Rs. 1,00,000/- |
| Net Worth | Rs. 14,25,56,60,987/- | Rs. 1,89,39,085/- |
| Turnover | Rs. 4,37,82,04,958/- | Rs. 2,09,47,355/- |
The amalgamation is expected to enhance the Transferee Company's capability to face competition effectively by pooling financial resources and accessing cash flows from the combined business operations.
SANDESH Stock Price Movement
Today, shares of The Sandesh Limited shed 1.17%, closing the trading session at ₹989.8. The stock traded within an intraday range defined by a high of ₹1048 and a low of ₹985.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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