MSL Global Limited disclosed that promoter group member Sausan Mohammedali Bukhari and PAC acquired 1,10,000 equity shares (0.51% stake) through open market purchase on February 19, 2026. The transaction increased their combined holding from 33,38,952 shares (15.82%) to 33,80,973 shares (15.78%) of the total equity capital of 2,14,19,487 shares. The disclosure was filed under SEBI regulations for substantial acquisition of shares.
MSL Global Limited Reports Substantial Share Acquisition by Promoter Group Member
MSL Global Limited , formerly known as Madhusudan Securities Limited, has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the acquisition of equity shares by promoter group member Sausan Mohammedali Bukhari and Persons Acting in Concert (PAC).
Share Acquisition Details
The transaction involved the purchase of 1,10,000 equity shares of ₹10 each, representing 0.51% of the company's paid-up share capital. The shares were acquired through open market transactions on February 19, 2026.
Transaction Details: Value Shares Acquired: 1,10,000 Face Value per Share: ₹10 Percentage of Paid-up Capital: 0.51% Mode of Acquisition: Open Market Date of Acquisition: February 19, 2026
Shareholding Pattern Changes
The acquisition resulted in changes to the shareholding pattern of Sausan Mohammedali Bukhari and PAC in MSL Global Limited.
Shareholding Position: Before Acquisition After Acquisition Number of Shares: 33,38,952 33,80,973 Percentage Holding: 15.82% 15.78% Total Share Capital: 2,14,19,487 2,14,19,487
Persons Acting in Concert
The disclosure identifies several entities as Persons Acting in Concert with Sausan Mohammedali Bukhari:
Salim Pyarli Govani
Foresight Holdings Private Limited
Indusage Advisors Limited
Growsafe Securities Private Limited
Mishal Salim Govani
Sonia Salim Govani
Aimann Salim Govani
Regulatory Compliance
The company has submitted the required disclosure to BSE Limited in compliance with SEBI regulations for substantial acquisition of shares. The disclosure was signed by Managing Director Salim Pyarali Govani on behalf of MSL Global Limited and by Sausan Mohammedali Bukhari as the acquirer. The company's shares are listed on the Bombay Stock Exchange, and the acquirer belongs to the promoter group category.
MSL Global Limited (formerly Madhusudan Securities Limited) has announced its quarterly results for the quarter ended December 31, 2025, under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported a remarkable turnaround with a net profit of ₹425.75 lakhs compared to a loss of ₹3.36 lakhs in the corresponding quarter of the previous year.
Board Meeting and Regulatory Compliance
The Board of Directors, led by Chairman and Managing Director Salim Pyarali Govani, approved the unaudited financial results at their meeting held on February 13, 2026. The meeting commenced at 4:00 PM and concluded at 5:30 PM. The results were reviewed by the Audit Committee and received a limited review report from statutory auditors S.V. Bhat & Co., Chartered Accountants, confirming compliance with applicable accounting standards and regulatory requirements.
Financial Performance Overview
The company's standalone financial results demonstrate exceptional performance across key metrics:
Metric Q3 FY26 Q3 FY25 Change Total Income ₹513.10 lakhs ₹1.52 lakhs Significant increase Net Profit/(Loss) ₹425.75 lakhs (₹3.36 lakhs) Turnaround to profit Basic EPS ₹2.52 (₹0.03) Positive earnings Total Expenditure ₹8.35 lakhs ₹4.89 lakhs ₹3.46 lakhs increase
Revenue Analysis
The company's total income for Q3 FY26 reached ₹513.10 lakhs, representing a substantial increase from ₹1.52 lakhs in Q3 FY25. This growth was primarily attributed to other operating income of ₹513.10 lakhs, while net sales from operations remained minimal at ₹0.00 lakhs. The company's business model focuses on trading in securities, which explains the revenue structure.
Nine-Month Performance
For the nine months ended December 31, 2025, MSL Global Limited reported strong performance:
Parameter Nine Months FY26 Nine Months FY25 Variance Total Income ₹513.21 lakhs ₹2.72 lakhs Substantial growth Net Profit/(Loss) ₹410.71 lakhs (₹45.58 lakhs) Profitable turnaround Basic EPS ₹2.44 (₹0.41) Positive earnings
Consolidated Results
The consolidated financial results show the company's expanded operations including its subsidiary and associate companies. The consolidated net profit for Q3 FY26 stood at ₹367.38 lakhs compared to a loss of ₹17.91 lakhs in Q3 FY25. The company has acquired more than 51% holding of Compliance Kart Private Limited, with statutory formalities under progress.
Tax Provisions and Capital Structure
MSL Global Limited provided ₹79.00 lakhs for current tax in Q3 FY26, reflecting the company's return to profitability. The paid-up equity share capital increased to ₹2,141.95 lakhs as of December 31, 2025, compared to ₹1,109.55 lakhs in the previous year, indicating capital expansion activities.
Expenditure Management
The company maintained controlled expenditure levels with total expenses of ₹8.35 lakhs in Q3 FY26. Employee benefit expenses stood at ₹1.83 lakhs, while other expenses amounted to ₹6.52 lakhs. The company reported no depreciation and amortization expenses during the quarter, demonstrating efficient cost management.
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.