Whalesbook
D&H India Ltd announced that public shareholder Madhusudan Jain has acquired an additional 13,269 equity shares through an open market purchase on April 6, 2026. Following this transaction, Mr. Jain's total holding in the company now stands at 75,651 shares, representing 0.74% of D&H India's total equity. This voluntary disclosure was submitted in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This acquisition is notable as Mr. Jain was previously a promoter of D&H India before being reclassified as a public shareholder in February 2023. His renewed stake-building efforts are occurring after a restrictive clause within a Shareholders Agreement expired on March 31, 2026. Prior to this latest purchase, Mr. Jain had also acquired shares on April 1 and April 2, 2026, indicating sustained investor interest.
The company has recently seen other significant ownership changes. Indo Thai Securities Limited and its Persons Acting in Concert (PACs) secured a substantial 9.43% stake in February 2026 through a rights issue. Furthermore, D&H India proposed issuing convertible warrants to its promoters and promoter group in March 2026, signaling internal capital-raising initiatives.
Financially, D&H India reported revenue of $27.5 million for the trailing twelve months ending FY25. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at $2,075,000 for the same period, with Net Income reaching $845,000. As of FY25, the company's total assets were valued at $14,176,000 against total debt of $6,148,000. The total equity capital of D&H India was reported at ₹10.24 crore as of the filing date. No specific risks were highlighted concerning this minor acquisition.
Moving forward, investors will likely watch for any further open market transactions by Mr. Jain or other significant shareholders. The company's operational performance and strategic decisions within the industrial manufacturing sector will also remain areas of focus.