Candour Techtex Limited Corrects Clerical Errors in Preferential Allottee List

Candour techtex Limited has proactively disclosed clerical corrections in its preferential allottee list to BSE Limited and Metropolitan Stock Exchange of India Limited on February 16, 2026. The company identified inadvertent clerical and typographical errors in the names of a limited number of proposed allottees during an internal review and reconciliation exercise. Key Clarifications on Corrections The company emphasized that all PAN numbers remain completely unchanged, with no alterations to the identity of any proposed allottee. The corrections are strictly limited to aligning allottee names with their respective PAN records, involving no substitution, addition, deletion, or replacement of any allottee. Parameter Status PAN Numbers Unchanged Addresses Unchanged Categories Unchanged Securities Quantity Unchanged Consideration Amount Unchanged Total Allottees Within prescribed limits Detailed Corrections in Equity Allottees The corrections affect 17 equity allottees with various clerical issues including spelling errors, missing name components, and incorrect surnames. Notable corrections include Jinali Nilesh Shah corrected to Jinali Nilesh Mehta for 25,000 shares, and Shree Gurukrupa Tradelink Pvt Ltd name completion for 60,000 shares. Correction Type Examples Quantity Range Spelling Errors Sangeetaben to Sangitaben, Dhurvansh to Dhruvansh 20,000-30,000 shares Name Completion Vishal Kumar to Prasanlal Vishal Kumar 20,000-60,000 shares Surname Corrections Shah to Mehta, Kamani to Karnani 20,000-30,000 shares Warrant Allottee Correction One warrant allottee correction involves Janakben H Jhala corrected to Janakba H. Zala for 15,000 warrants, addressing both spelling and surname errors while maintaining the same PAN number. Regulatory Compliance Confirmation The company confirmed that these rectificatory corrections do not impact compliance with SEBI regulations, Companies Act 2013, or other applicable laws. The total number of proposed allottees remains within limits prescribed under Rule 14(2) of the Companies (Prospectus and Allotment of Securities) Rules, 2014. Managing Director Jayesh Ramniklal Mehta signed the disclosure, requesting exchange approval for the revised allottee list reflecting correct names as per PAN records. Candour Techtex Limited has announced its unaudited standalone financial results for the quarter ended 31st December 2025, revealing a challenging operational performance with significant revenue decline and profitability concerns. Financial Performance Overview The company reported a net loss of ₹63.12 lakhs for Q3FY26 compared to a profit of ₹28.08 lakhs in the corresponding quarter of the previous year. This represents a substantial deterioration in profitability, marking a shift from positive to negative earnings. Financial Metric Q3FY26 Q3FY25 Change Revenue from Operations ₹664.01 lakhs ₹4,642.82 lakhs -85.70% Total Income ₹781.25 lakhs ₹4,665.17 lakhs -83.26% Net Profit/(Loss) ₹(63.12) lakhs ₹28.08 lakhs Loss Earnings Per Share ₹(0.34) ₹0.17 Negative Revenue Analysis Revenue from operations declined dramatically by 85.70% to ₹664.01 lakhs in Q3FY26 from ₹4,642.82 lakhs in Q3FY25. Other income increased significantly to ₹117.24 lakhs from ₹22.34 lakhs, partially offsetting the operational revenue decline. Total income decreased to ₹781.25 lakhs from ₹4,665.17 lakhs in the previous year. Nine Months Performance For the nine months ended 31st December 2025, the company's performance showed similar trends with revenue declining to ₹6,060.32 lakhs from ₹13,427.86 lakhs in the corresponding period of the previous year. The company reported a net loss of ₹263.58 lakhs compared to a profit of ₹141.46 lakhs in the nine months ended 31st December 2024. Segment-wise Performance The company operates across multiple segments with varying performance levels: Segment Q3FY26 Revenue Q3FY25 Revenue Textile Division ₹257.29 lakhs ₹245.65 lakhs Plastic Division ₹189.84 lakhs ₹91.71 lakhs Trading Division Nil ₹4,161.24 lakhs Technical Textile Division ₹180.54 lakhs ₹92.27 lakhs The Trading Division, which contributed significantly to revenue in Q3FY25 with ₹4,161.24 lakhs, reported no revenue in Q3FY26, explaining the substantial overall revenue decline. Corporate Developments The company's paid-up equity share capital increased during the quarter due to the allotment of 4,00,000 equity shares of ₹10 each at a premium of ₹73.70 per share on 12th December 2025, following the exercise of warrant conversion options by allottees. The board meeting to approve these results was held on 14th February 2026, with the meeting commencing at 3:00 pm and concluding at 4:15 pm. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.