Stellant Securities (India) News

Stellant Securities Board Approves Rs. 98 Crore Preferential Issue and Authorized Capital Increase

Stellant Securities' board approved increasing authorized share capital from Rs. 5 crore to Rs. 70 crore and a preferential issue worth Rs. 98.17 crore, comprising convertible warrants to promoters at Rs. 340 per warrant and equity shares to public investors at Rs. 290 per share. The company scheduled an Extraordinary General Meeting for December 10, 2025, to seek shareholder approval for these capital-raising initiatives.

Stellant Securities Appoints New Independent Director, Re-appoints Whole-time Director

Stellant Securities (India) Limited's Board of Directors approved the appointment of Mr. Jaydeep Pandya as an Independent Director for a five-year term starting July 31, 2025. Pandya, a B.Com graduate with 10 years of experience in accounts, capital market advisory and business administration, is not related to any existing directors and is not debarred by SEBI or other authorities. The Board also approved the re-appointment of Mrs. Mangala Rathod as Whole-time Director for three years beginning August 14, 2025. Rathod has over 20 years of experience and has served as Whole-Time Director since 2014, overseeing operations, strategy, and business development. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Stellant Securities Reports Strong Q1 Results, Announces 4:1 Bonus Issue and NBFC Registration Plans

Stellant Securities Ltd reported quarterly results for the period ended June 30, 2025, with revenue from operations of Rs. 232.00 lakhs and net profit after tax of Rs. 169.58 lakhs. The company's Board approved a 4:1 bonus share issue, offering 4 equity shares for every 1 share held, subject to shareholder approval at the Annual General Meeting. Up to 29,61,920 equity shares with face value of Rs. 10 each will be issued using free reserves of Rs. 2,96,19,200. The bonus shares are expected to be credited by September 30, 2025. Additionally, the Board approved applying for Non-Banking Financial Company (NBFC) registration and amendments to the company's Memorandum and Articles of Association to align with the Companies Act, 2013. The company's earnings per share stood at Rs. 22.90 for the quarter.