Geet Gorani Acquires 1,45,362 Equity Shares in Gorani Industries Limited Through Gift Transaction

Gorani Industries has received a regulatory disclosure regarding the acquisition of equity shares by promoter Geet Gorani. The transaction involves the acquisition of 1,45,362 equity shares through a gift arrangement, representing a significant change in the promoter's shareholding pattern.

Transaction Details

The share acquisition was completed on March 16, 2026, through an off-market transaction. Geet Gorani acquired the shares from Mrs. Shanta Devi Gorani by way of gift, conducted as an inter-se transfer among promoters. The transaction details are summarized below:

Parameter: Details Shares Acquired: 1,45,362 equity shares Acquisition Mode: Off-market gift transaction Transaction Date: March 16, 2026 Transferor: Mrs. Shanta Devi Gorani Nature: Inter-se transfer among promoters

Shareholding Pattern Changes

The acquisition has resulted in a notable increase in Geet Gorani's stake in the company. His shareholding has grown from 1,87,500 shares to 3,32,862 shares, representing an increase in percentage holding from 3.50% to 6.21%.

Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 1,87,500 3,32,862 +1,45,362 Percentage Holding: 3.50% 6.21% +2.71% Total Share Capital: 53,62,600 shares 53,62,600 shares No change

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Geet Gorani, residing at 65-66, Gulmarg Colony, Saket Nagar, Indore (M.P.)-452018, submitted the requisite disclosure to BSE Limited, where Gorani Industries Limited shares are listed.

Persons Acting in Concert

The disclosure identifies several persons acting in concert with Geet Gorani:

Sanjay Kumar Gorani

Shanta Devi Gorani

Manju Gorani

Hema Gorani

Nakul Gorani

Narendra Kumar Gorani

Company Information

Gorani Industries Limited maintains its total share capital at 53,62,600 equity shares of Rs. 10.00 each. The company's shares are listed on BSE Limited, and the recent transaction does not affect the overall share capital structure of the company.

Gorani Industries Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, alongside significant management changes during a Board of Directors meeting held on February 13, 2026.

Financial Performance Q3FY26

The company reported mixed quarterly performance compared to the previous year. Revenue from operations stood at ₹906.90 lakhs for Q3FY26, representing a decline from ₹1293.77 lakhs in Q3FY25. Net profit for the quarter was ₹16.41 lakhs, down from ₹41.33 lakhs in the corresponding quarter of the previous year.

Metric: Q3FY26 Q3FY25 Change Revenue from Operations: ₹906.90 lakhs ₹1293.77 lakhs Decline Net Profit: ₹16.41 lakhs ₹41.33 lakhs Decline Basic EPS: ₹0.31 ₹0.77 Decline

Nine-Month Performance

For the nine months ended December 31, 2025, the company showed improved profitability on a year-over-year basis. Revenue from operations totaled ₹2934.07 lakhs compared to ₹3578.66 lakhs in the corresponding period of FY25. However, net profit increased to ₹59.14 lakhs from ₹52.04 lakhs in the previous year.

Parameter: 9M FY26 9M FY25 Performance Revenue from Operations: ₹2934.07 lakhs ₹3578.66 lakhs Decline Net Profit: ₹59.14 lakhs ₹52.04 lakhs Growth Basic EPS: ₹1.10 ₹0.97 Growth

Key Management Changes

The Board approved significant changes in key management personnel. Ms. Sachi Samaria resigned from her position as Company Secretary and Compliance Officer effective from the closure of business hours on February 13, 2026, citing marriage as the reason for her departure.

Position Details: Information Outgoing Officer: Ms. Sachi Samaria (Membership No. A67133) Reason for Departure: Marriage Effective Date: February 13, 2026 New Appointee: Ms. Prashi Jain (Membership No. A78158) Appointment Date: February 14, 2026

Ms. Prashi Jain has been appointed as Whole-time Company Secretary and Compliance Officer based on the recommendation of the Nomination and Remuneration Committee. She is a qualified member of the Institute of Company Secretaries of India and holds a Commerce degree from Devi Ahilya Vishwa Vidyalaya, Indore, along with an LLB from Jiwaji University, Gwalior.

Regulatory Compliance and Operations

The standalone unaudited quarterly financial results received limited review from statutory auditors Sandeep Surendra Jain & Co. and were approved by the Audit Committee on February 13, 2026. The company operates in a single business segment focused on kitchenware manufacturing and reported no customer complaints during the quarter. The company maintains its registered office at Plot No. 32-33, Sector-F, Sanwer Road, Industrial Area, Indore, Madhya Pradesh.

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