ATVO Enterprises Limited has filed its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The company, formerly known as Vandana Knitwear Limited, submitted the mandatory disclosure through BSE Limited on April 6, 2026.
Promoter Shareholding Details
The disclosure reveals the shareholding pattern of promoters and promoter group members as of March 31, 2026. The submissions confirm that no encumbrances were made directly or indirectly during the financial year 2025-2026.
Promoter/Entity Designation Equity Shares Held Siddharth Gattani Promoter 2,97,55,907 Shorya Gattani Promoter 1,92,82,563 Charul Ajmera Promoter Group 25,04,536 Naresh Gattani HUF Promoter Group 24,97,399
Regulatory Compliance
The disclosure was signed by Company Secretary Kirti Agarwal (ACS-56426) and submitted to BSE Limited's Corporate Compliance Department. Each promoter and promoter group member filed individual declarations confirming their shareholdings and absence of any encumbrances during the reporting period.
Company Information
ATVO Enterprises Limited operates from its registered office at Bhandari Plaza, 2nd Floor, Opp Nagar Parishad Rajendra Marg, Bhilwara-311001, Rajasthan. The company trades on BSE with scrip code 532090 and maintains its corporate identity under CIN L46411RJ1995PLC072122.
Key Declarations
All promoters and promoter group members confirmed in their individual submissions that they maintained their respective shareholdings as of March 31, 2026, without creating any encumbrances during the financial year. The declarations were made in compliance with SEBI's substantial acquisition and takeover regulations, ensuring transparency in promoter shareholding patterns.
Atvo Enterprises Limited, formerly known as Vandana Knitwear Limited, has announced its unaudited financial results for the quarter ended June 30, along with key management decisions.
Financial Performance
The company reported a mixed financial performance for the first quarter:
Particulars (in Rs. Lacs) Q1 Current Q1 Previous Change (%) Net Sales 61.83 94.20 -34.40 Other Operating Income 18.20 15.18 +19.90 Total Income 80.03 109.38 -26.80 Net Profit After Tax 5.57 3.52 +58.20 Basic EPS (Rs.) 0.01 0.00 +420.00
Despite a significant decrease in net sales, Atvo Enterprises managed to increase its net profit after tax by 58.20% compared to the same quarter last year. The company's total income from operations decreased by 26.80% year-over-year, from Rs. 109.38 lacs to Rs. 80.03 lacs.
Management Reappointment
The Board of Directors has approved the re-appointment of Mr. Naresh Kumar Gattani as the Chairman and Managing Director of the company. The new term is set for three years, from March 29, 2026, to March 28, 2029, subject to shareholder approval at the upcoming Annual General Meeting.
Mr. Gattani, 58, holds a graduate degree in Commerce and brings over 29 years of management experience to the role. His expertise spans across textiles, real estate, and the hotel industry.
Additional Information
The company's Board meeting was held on August 2, at its registered office in Bhilwara, Rajasthan.
Atvo Enterprises operates primarily in the Knitting Job work segment, as per IND AS 108 Operation Segments.
The trading window for designated persons will open 48 hours after the declaration of these financial results.
The financial results have been reviewed by the Audit Committee and approved by the Board of Directors. Naresh Maheshwari & Co., Chartered Accountants, conducted a limited review of the financial statements and found no material misstatements.
Atvo Enterprises Limited continues to navigate market challenges while focusing on profitability and strategic leadership for future growth.
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