Shantai Industries Ltd — Important, 01-01-1970: Company Update

Here is a concise summary of the announcements:

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Acquirers Radhe Dhokla Private Limited and four individuals have launched an Open Offer to acquire up to 19.20 lakh equity shares of Shantai Industries Limited. This represents 25.60% of the company's voting share capital. The offer is priced at ₹21 per share, totaling approximately ₹4.03 crore. The offer size is limited to shares held by public shareholders. This provides public investors an opportunity to tender their shares at the stated cash price. Shareholders are advised to refer to the Letter of Offer for the detailed procedure to participate in this offer.

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NCL Research & Financial Services has released its audited financial results for the quarter and year ending March 31, 2026. For the quarter, the company reported a net operating income of (₹0.26 Cr) and a net loss of (₹5.98 Cr). For the full fiscal year, total operating income stood at ₹6.15 Cr, with a net loss of (₹2.69 Cr). Basic Earnings Per Share were (₹0.05) for the quarter and (₹0.02) for the year. The paid-up equity capital remained stable at ₹107.03 Cr. This update reflects the company's financial performance for the recent period.

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GCM Securities Limited has released its audited financial results for the quarter and year ending March 31, 2026. For the quarter, the company reported a net operating income of (₹0.38 Cr) and a total comprehensive loss of (₹4.22 Cr). For the full fiscal year, total operating income was ₹0.56 Cr, resulting in a total comprehensive loss of (₹4.60 Cr). Basic Earnings Per Share were (₹0.07) for the quarter and (₹0.06) for the year. Paid-up equity share capital stood at ₹18.99 Cr. This outlines the company's financial performance.

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Balkrishna Paper Mills has issued a postal ballot and e-voting notice to its shareholders to secure approval for key corporate actions. Members will vote on a proposed scheme for the reduction of the company's share capital. Additionally, shareholders will consider authorizing significant related party transactions with several entities, including Futureistic Concepts Media LLP and Samant Trading & Finance Limited. The e-voting period runs from June 3 to July 2, with May 22 as the cut-off date for eligibility. This process allows shareholders to decide on impactful company restructuring and operational agreements.

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Newtime Infrastructure has released its unaudited financial results for the quarter and nine months ending December 31, 2024. For the quarter, the company reported standalone total income of ₹1.01 Cr and a net loss of (₹1.18 Cr). On a consolidated basis, total income was ₹1.33 Cr, with a net loss of (₹1.54 Cr). Separately, the company recently completed a bonus share issue, distributing two new shares for every one held. Investors should also note a provisional attachment order against the group's properties and investments, though the company states this does not affect business operations.

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The Committee of Independent Directors (IDC) of Pro CLB Global Limited has provided its assessment of the Open Offer by Mr. Amrit Nirmal Chamaria and Mr. Niraj Nirmal Chamaria. The acquirers propose to buy up to 13.27 lakh equity shares, representing 26% of the company's emerging share capital, at ₹15.25 per share. The IDC's view is that this offer is fair and reasonable, citing that the offer price exceeds both the valuation parameters (₹15.12 per share) and the share purchase agreement's negotiated price (₹15.00 per share). This assessment aims to guide shareholders.

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Grand Foundry Limited has issued a corrigendum updating the schedule for its Open Offer. Key dates for the offer, including the Letter of Offer dispatch, tendering period commencement, and offer expiry, have been revised, extending the timeline significantly. The tendering period will now run from June 9 to June 22. The announcement also provides updated financials: Acquirer SAR Televenture reported ₹325.79 Cr total income and ₹50.89 Cr PAT for nine months ended Dec 2025. Grand Foundry reported ₹10.53 Cr total income and ₹0.18 Cr PAT for FY26.

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KRA Leasing Limited has released its consolidated unaudited financial results for the quarter and nine months ending December 31, 2024. For the quarter, the company reported total income from operations of ₹1.18 Cr and a net profit of ₹0.79 Cr. For the full year ended March 31, 2024, total income was ₹7.07 Cr, with a net profit of ₹4.94 Cr. Basic and diluted earnings per share for the quarter stood at ₹0.66. The paid-up equity share capital is ₹6.71 Cr. This update provides a snapshot of the company’s recent financial performance.