Sastasundar Ventures Limited disclosed that promoter Banwari Lal Mittal acquired 8,000 equity shares worth Rs. 24,13,008.89 through market purchase on 11.02.2026. The transaction increased his shareholding from 33.7580% to 33.7832%, representing an addition of 8,000 shares to his existing holding of 1,07,38,603 shares. The disclosure was made under SEBI insider trading regulations and communicated to stock exchanges on 16.02.2026.
Sastasundar ventures has disclosed a share acquisition by its promoter under SEBI insider trading regulations. The company informed BSE and NSE about the transaction through a formal disclosure on 16.02.2026.
Promoter Share Acquisition Details
Promoter Banwari Lal Mittal acquired additional equity shares of the company through market purchase. The transaction was executed on 11.02.2026 and intimated to the company on the same date.
Parameter: Details Promoter Name: Banwari Lal Mittal PAN: ADMPM0065G DIN: 00365809 Transaction Date: 11.02.2026 Intimation Date: 11.02.2026 Disclosure Date: 13.02.2026
Transaction Summary
The market purchase involved 8,000 equity shares with a total transaction value of Rs. 24,13,008.89, inclusive of taxes. This acquisition represents a strategic increase in the promoter's stake in the company.
Metric: Before Transaction After Transaction Change Number of Shares: 1,07,38,603 1,07,46,603 +8,000 Shareholding %: 33.7580% 33.7832% +0.0252% Transaction Value: - Rs. 24,13,008.89 -
Regulatory Compliance
The disclosure was made pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Company Secretary and Compliance Officer Pratap Singh submitted the required Form C to both BSE (Stock Code: 533259) and NSE (Symbol: SASTASUNDR).
The company confirmed that no derivative trading was involved in this transaction, with all derivative-related fields marked as "N.A." in the regulatory filing. The acquisition strengthens the promoter's position in Sastasundar Ventures Limited while maintaining full regulatory compliance.
Sastasundar Ventures Limited conducted its Q3FY26 earnings conference call on February 9, 2026, showcasing strong operational momentum across its B2B and B2C healthcare platforms. The company demonstrated significant improvement in financial metrics while advancing its technology-driven growth strategy.
Financial Performance Highlights
The company delivered robust financial results for Q3FY26, reflecting improved operational efficiency and sustained customer engagement across both business verticals.
Metric Q3 FY26 Q3 FY25 Growth (%) Revenue from Operations Rs. 341 crores - 22% YoY Gross Profit Growth - - 55% YoY Gross Margin 7.6% 6.1% +150 bps EBITDA Loss Rs. 14 crores Rs. 24 crores 41% improvement EBIT Rs. 1 crore Rs. 37 crores loss Positive turnaround
For the nine-month period ended FY26, the company reported revenue of Rs. 928 crores, reflecting 15% year-on-year growth driven by steady performance across core segments. Gross profit increased 30% year-on-year to Rs. 70 crores, while gross margin improved by 80 basis points to 7.5% compared to 6.7% in the corresponding period last year.
Business Model and Strategic Positioning
Chairman and Executive Director B.L. Mittal emphasized the company's capital-efficient model, highlighting that total investment for futuristic technology remains less than treasury income, maintaining positive cash flow. The company operates through two key platforms: Retailer Shakti for B2B distribution and SastaSundar B2C for direct consumer engagement.
Business Segment Current Status Future Outlook Retailer Shakti Progressing towards EBITDA breakeven EBITDA positive by Q4 FY26 SastaSundar B2C 293 Healthbuddies operational Target 400 Healthbuddies by March FY27 JITO Brand Recently launched 2-3% revenue contribution next year
Technology and Infrastructure Expansion
The company continues investing in AI-enabled platforms to enhance customer experience and supply chain efficiency. Management announced the upcoming launch of Retail Air, an AI-driven SaaS platform that will be provided free to retailers for inventory management and automated ordering.
Warehouse Expansion Plans:
West Bengal: Additional 80,000 square feet capacity with Rs. 10 crores investment
Noida: New 1 lakh square feet warehouse under development
Lucknow and Udaipur: New facilities planned for broader geographic coverage
Guwahati: Expansion of existing Northeast operations
JITO Brand Launch and Market Strategy
The company launched its JITO brand for generic medicine distribution, leveraging its network of 65,000 retail pharmacies. Management expects JITO to contribute 2-3% of revenue in the next year, scaling to 5% within 24 months and targeting 10% contribution over the next 3-4 years. The JITO brand offers gross margins of approximately 30% with contribution margins around 25%.
Profitability Trajectory and Guidance
CFO Lokesh Agarwal highlighted the significant turnaround in profitability metrics. The company reported PAT of Rs. 11 crores for nine months FY26 compared to a loss of Rs. 151 crores in the corresponding period last year. Management confirmed that Retailer Shakti achieved EBITDA positive performance in January 2026 and expects sustainable profitability going forward.
Key Profitability Milestones:
Retailer Shakti: EBITDA breakeven by Q4 FY26, sustainable positive performance in FY27
SastaSundar B2C: Contribution margin positive achieved in January 2026
Overall business: Targeting 30% CAGR growth for next 5-10 years
Corporate Restructuring and Future Plans
Management provided updates on the planned merger and demerger process. The company will change its name to Health X Platform Limited and merge SastaSundar HealthBuddy Limited while demerging Microsec Resources as a separate NBFC entity. The restructuring is expected to complete in the next financial year, subject to regulatory approvals and maintaining required public shareholding norms.
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