Nirbhay Colours India Ltd

Financial highlights

• Q1 FY2027: op revenue ₹0; total revenue ₹22.50 lakh; net profit ₹9.11 lakh; EPS ₹0.03.
• Q4 FY2026: op revenue ₹52.81 lakh; total revenue ₹55.18 lakh; net profit ₹16.93 lakh; EPS ₹0.05.
• Limited review conducted by A. L. Thakkar & Co; board endorsed results.

Meeting Details

• Board meeting scheduled for 10 August 2026 at the Registered Office of the Company.

Key Agenda Items

• Unaudited financial results for the quarter ended 30 June 2026, with Limited Review Report.
• Any other business with the permission of the Chairman.

Dematerialisation status

• Dematerialisation requests were processed and confirmed to depositories (accepted or rejected).
• Securities dematerialised have been listed on exchanges where earlier securities are listed.
• Physical certificates were mutilated, cancelled, and depository's name substituted as registered owner within the prescribed timeline.

Target and acquirer

• Target: Craftroot Retail Limited (formerly Nirbhay Colours India Limited).
• Acquirer: Jayesh Patel; PACs: none.
• Promoter status at filing: not in promoter group.
• Listed on: BSE Limited.

Holding and acquisition details

• Pre-acquisition holding: 0 shares, 0.00% voting rights; no encumbrances.
• Acquired: 2,56,600 shares, 7.66%.
• Post-acquisition holding: 2,56,600 shares, 7.66%.
• Mode: SPA dated 12 December 2025 and open offer dated 7 February 2026.
• Date of acquisition/intimation: 25 June 2026.
• Pre-acquisition equity capital: Rs 3,35,00,000 (33,50,000 shares).
• Post-acquisition equity capital: Rs 3,35,00,000 (33,50,000 shares).
• Total diluted capital after: Rs 3,35,00,000 (33,50,000 shares).
• Salient features: Not Applicable.

Acquisition details

• Target company: Craftroot Retail Limited (formerly Nirbhay Colours India Limited), listed on BSE.
• Acquirer: Sheetal Shah; no PACs disclosed.
• Acquirer not promoter before offer; promoter after completion of open offer.
• Stock exchanges: BSE Limited.
• Pre-acquisition holding: 0 shares, 0% voting rights, 0 encumbrances.
• Acquisition: 1,85,314 voting rights shares acquired, 5.53%.
• Post-acquisition holding: 1,85,314 shares, 5.53%.
• Mode: SPA dated 12 Dec 2025 and open offer dated 7 Feb 2026.
• Date of acquisition/closure: 25 June 2026.
• Equity share capital before: Rs 3,35,00,000 (33,50,000 shares of Rs 10).
• Equity share capital after: Rs 3,35,00,000 (33,50,000 shares).

Transaction details

• Target: Craftroot Retail Limited (formerly Nirbhay Colours India Limited).
• Acquirer: Seher Retail Private Limited.
• PACs: Hardik H. Patel, Rameshchandra Patel, Darshani Shah, Hardik Shah, Jay Gandhi, Sonet Shah.
• Acquirer not part of promoter group at filing.
• Post open offer, acquirer became promoter of the target.
• Exchange: shares listed on BSE Limited.
• Pre-acquisition: 1,42,100 voting shares, 4.24%.
• Encumbrances: 0; VRs otherwise: 0; Warrants: 0.
• Acquired shares: 1,81,874 (5.43%).
• Post-acquisition holding: 3,23,974 shares, 9.67%.
• Mode: SPA dated 12 Dec 2025; open offer dated 07 Feb 2026.
• Date of intimation/closure: 25 June 2026.
• Equity capital before: Rs 3,35,00,000; 33,50,000 shares.
• Equity capital after: Rs 3,35,00,000; 33,50,000 shares.
• Salient features: Not applicable.

Acquisition details

• Target: Craftroot Retail Limited (formerly Nirbhay Colours India Limited).
• Acquirer: Dakshesh Rameshchandra Shah; PACs: none.
• Promoter status: Open offer completed; acquirer became Promoter after completion.
• Exchange: BSE Limited.
• Pre-acquisition voting rights: 1,43,700 shares (4.29%).
• Acquired shares: 1,95,114; total 5.82%.
• Post-acquisition holding: 3,38,814 shares (10.11%).
• Mode: SPA plus open offer.
• Date of intimation/closure: 25 June 2026.
• Equity share capital before/after: Rs 3,35,00,000; 33,50,000 shares.
• Total diluted capital after: Rs 3,35,00,000.
• Encumbrances: none.

Acquisition details

• Target: Craftroot Retail Limited (formerly Nirbhay Colours India Limited).
• Acquirer: Dhruvin Shah; PACs none named.
• Promoter group: Acquirer not part of promoter/promoter group.
• Exchange: Listed on BSE Limited.
• Pre-acquisition: 0 voting rights; 0.00%.
• Acquired: 2,20,114 voting shares; 6.57% of total voting capital.
• Mode: SPA (Dec 12, 2025) and open offer (Feb 7, 2026).
• Date of acquisition/intimation: 25 June 2026.
• Post-acquisition: 2,20,114 voting shares; 6.57%.
• Equity share capital before/after: Rs 3,35,00,000; 33,50,000 shares (face value Rs 10).
• Salient features: Not applicable.
• Encumbrances: None.
• Promoter status after offer: Acquirer became promoter post-completion.