KDDL Ltd

The subsidiary was incorporated on 19 March 2025 and will operate in the watch products industry. The cost of acquisition for the shares was Rs 1.6 crore, representing the initial subscription in the form of equity share capital. The authorized share capital of Artisan Watch Products is Rs 5 crore, divided into 50 lakh equity shares of Rs 10 each. The subscribed and paid-up capital is Rs 2 crore, divided into 20 lakh equity shares of Rs 10 each. The transaction was made on a cash consideration basis. The company has undertaken to subscribe to 80% of the shareholding in Artisan Watch Products. The company clarified that the initial subscription does not constitute a related party transaction. Additionally, Yashovardhan Saboo, the promoter of KDDL, has committed to subscribing to 20% equity in Artisan Watch Products. The official announcement was made on 20 March 2025, after market hours. KDDL is one of the leading companies of India engaged in the manufacture of watch components, high-quality precision stamped components and progressive tools for a wide range of engineering applications. KDDL also owns the largest retail chain of luxury watches in India through its subsidiary, Ethos. The company's consolidated net profit jumped 25.5% to Rs 32.47 crore on 26.8% rise in revenue from operations to Rs 472.03 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Silvercity Brands AG is a Switzerland-based watch company, incorporated on 6 March 2023, under Swiss law. The registered office of the company is located at Allerheiligenstrasse 30, 2540 Grenchen, Switzerland. The acquisition will support Silvercity's expansion in the watch and luxury product markets, including the purchase, sale and marketing of watches and related products. The company may also establish branches and subsidiaries in Switzerland and abroad, as well as provide financing and security for its subsidiaries and third parties. Mahen Distribution has acquired 8,74,000 equity shares of CHF 1 each at an acquisition price of CHF 2.86 per share, with the transaction completed via the online banking system. The deal was conducted at arm's length. Silvercity Brands AG is a subsidiary of KDDL, which directly and indirectly (through Mahen Distribution and Ethos) holds 93.07% equity in the company. The official announcement was made on 18 March 2025, after market hours. KDDL is one of the leading companies of India engaged in the manufacture of watch components, high-quality precision stamped components and progressive tools for a wide range of engineering applications. KDDL also owns the largest retail chain of luxury watches in India through its subsidiary, Ethos. The company's consolidated net profit jumped 25.5% to Rs 32.47 crore on 26.8% rise in revenue from operations to Rs 472.03 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Net profit of KDDL rose 25.46% to Rs 32.47 crore in the quarter ended December 2024 as against Rs 25.88 crore during the previous quarter ended December 2023. Sales rose 26.82% to Rs 472.03 crore in the quarter ended December 2024 as against Rs 372.20 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales472.03372.20 27 OPM %16.5017.66 - PBDT80.6666.95 20 PBT56.7150.37 13 NP32.4725.88 25 Powered by Capital Market - Live

KDDL will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live

Net profit of KDDL declined 3.42% to Rs 24.56 crore in the quarter ended September 2024 as against Rs 25.43 crore during the previous quarter ended September 2023. Sales rose 16.67% to Rs 396.34 crore in the quarter ended September 2024 as against Rs 339.70 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales396.34339.70 17 OPM %15.8318.34 - PBDT69.0261.69 12 PBT49.4944.93 10 NP24.5625.43 -3 Powered by Capital Market - Live

KDDL will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

KDDL announced that the 44th Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

Williamson Magor & Company Ltd, Sadhana Nitro Chem Ltd, Tribhovandas Bhimji Zaveri Ltd and Hardwyn India Ltd are among the other gainers in the BSE's 'B' group today, 13 September 2024.KDDL Ltd surged 20.00% to Rs 3801.5 at 13-Sep-2024 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 3396 shares were traded on the counter so far as against the average daily volumes of 2131 shares in the past one month. Williamson Magor & Company Ltd spiked 19.98% to Rs 42.39. The stock was the second biggest gainer in 'B' group. On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 2654 shares in the past one month. Sadhana Nitro Chem Ltd soared 16.84% to Rs 73. The stock was the third biggest gainer in 'B' group. On the BSE, 4.63 lakh shares were traded on the counter so far as against the average daily volumes of 82794 shares in the past one month. Tribhovandas Bhimji Zaveri Ltd exploded 16.52% to Rs 318.1. The stock was the fourth biggest gainer in 'B' group. On the BSE, 3.97 lakh shares were traded on the counter so far as against the average daily volumes of 1.71 lakh shares in the past one month. Hardwyn India Ltd rose 16.02% to Rs 41.27. The stock was the fifth biggest gainer in 'B' group. On the BSE, 13.54 lakh shares were traded on the counter so far as against the average daily volumes of 80448 shares in the past one month. Powered by Capital Market - Live

Net profit of KDDL declined 33.06% to Rs 17.27 crore in the quarter ended June 2024 as against Rs 25.80 crore during the previous quarter ended June 2023. Sales rose 8.57% to Rs 359.93 crore in the quarter ended June 2024 as against Rs 331.52 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales359.93331.52 9 OPM %15.2417.88 - PBDT58.1158.67 -1 PBT39.3543.96 -10 NP17.2725.80 -33 Powered by Capital Market - Live

KDDL will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live