Tribhovandas Bhimji Zaveri Ltd

Tribhovandas Bhimji Zaveri Limited announced that its promoters and members of the promoter’s group have entered into a share purchase agreement with GRT Jewellers, a jewelry retail group based in Chennai, to sell their entire stake in the company, a transaction subject to regulatory approval and other conditions. The company also declared a dividend of Rs 2.50 per equity share of Rs 10 each for the financial year ended March 31, 2026, at its 19th Annual General Meeting held on September 9, 2026.

GRT Jewellers (India) Private Limited has announced a takeover bid for Tribhovandas Bhimji Zaveri Limited (TBZ), structured as a Share Purchase Agreement and a public open offer to all TBZ shareholders. The acquisition will see GRT acquire approximately 74.12% of TBZ's equity, or 4,94,59,775 shares, currently held by the company’s promoters and promoter group, who will subsequently exit their ownership and leadership roles. TBZ will remain listed on the BSE (Scrip Code: 534369) and NSE (Symbol: TBZ), and GRT confirmed it does not intend to delist the company. A detailed public announcement containing specifics on the offer price and terms will be published on or before September 7, 2026, and the transaction is subject to regulatory approvals, including from the Competition Commission of India.

GRT Jewellers (India) Private Limited has announced a public offer to acquire shares of Tribhovandas Bhimji Zaveri Limited (TBZ), a publicly listed jewelry company traded on the BSE (534369) and NSE (TBZ). The open offer is linked to a share purchase agreement where GRT Jewellers is acquiring shares from the existing promoter group of TBZ, who will subsequently cease to be promoters. A Detailed Public Statement (DPS) containing specifics regarding the offer price and open offer period will be published no later than September 7, 2026, and will be available in English, Hindi, and regional language newspapers. The acquisition is subject to approvals from regulatory authorities, including the Competition Commission of India, and is being conducted in compliance with SEBI (SAST) Regulations; however, TBZ will not be delisted following the offer.

Tribhovandas Bhimji Zaveri Limited announced that members of its promoter group, including Mr. Shrikant Gopaldas Zaveri, Mrs. Bindu Shrikant Zaveri, Mrs. Binaisha Shrikant Zaveri, Mrs. Raashi Shrikant Zaveri, Tribhovandas Bhimji Zaveri (TBZ) Private Limited, and Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Private Limited, have entered into a share purchase agreement with GRT Jewellers (India) Private Limited to sell 4,94,59,775 equity shares, representing 74.12% of the company's total issued and paid-up equity share capital, at a price not exceeding Rs 209 per share. Upon completion of the transaction on August 31, 2026, GRT Jewellers (India) Private Limited will acquire sole control of Tribhovandas Bhimji Zaveri Limited, and the sellers will be de-classified from the category of promoter/promoter group members, triggering a mandatory open offer to eligible public shareholders.

Shilchar Technologies Ltd, HLE Glascoat Ltd, Camlin Fine Sciences Ltd and Piccadily Agro Industries Ltd are among the other losers in the BSE's 'B' group today, 12 August 2026.Tribhovandas Bhimji Zaveri Ltd tumbled 15.75% to Rs 237.25 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2.6 lakh shares were traded on the counter so far as against the average daily volumes of 1.5 lakh shares in the past one month.Shilchar Technologies Ltd crashed 14.81% to Rs 3901.65. The stock was the second biggest loser in 'B' group.On the BSE, 36147 shares were traded on the counter so far as against the average daily volumes of 1600 shares in the past one month.HLE Glascoat Ltd lost 12.98% to Rs 330.45. The stock was the third biggest loser in 'B' group.On the BSE, 1.48 lakh shares were traded on the counter so far as against the average daily volumes of 29562 shares in the past one month.Camlin Fine Sciences Ltd shed 12.54% to Rs 109.5. The stock was the fourth biggest loser in 'B' group.On the BSE, 2.59 lakh shares were traded on the counter so far as against the average daily volumes of 30208 shares in the past one month.Piccadily Agro Industries Ltd fell 11.81% to Rs 686.7. The stock was the fifth biggest loser in 'B' group.On the BSE, 2.47 lakh shares were traded on the counter so far as against the average daily volumes of 24218 shares in the past one month.

Tribhovandas Bhimji Zaveri Limited will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, the company said in a filing.

Tribhovandas Bhimji Zaveri announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Net profit of Tribhovandas Bhimji Zaveri rose 612.75% to Rs 67.64 crore in the quarter ended March 2026 as against Rs 9.49 crore during the previous quarter ended March 2025. Sales rose 56.89% to Rs 829.66 crore in the quarter ended March 2026 as against Rs 528.83 crore during the previous quarter ended March 2025. For the full year,net profit rose 195.82% to Rs 202.31 crore in the year ended March 2026 as against Rs 68.39 crore during the previous year ended March 2025. Sales rose 22.25% to Rs 3202.82 crore in the year ended March 2026 as against Rs 2619.86 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales829.66528.83 57 3202.822619.86 22 OPM %13.546.85 -11.276.60 - PBDT98.1920.54 378 299.63121.20 147 PBT90.1313.57 564 270.3095.76 182 NP67.649.49 613 202.3168.39 196 Powered by Capital Market - Live

Tribhovandas Bhimji Zaveri will hold a meeting of the Board of Directors of the Company on 27 May 2026.

Net profit of Tribhovandas Bhimji Zaveri rose 169.85% to Rs 80.63 crore in the quarter ended December 2025 as against Rs 29.88 crore during the previous quarter ended December 2024. Sales rose 14.40% to Rs 1061.39 crore in the quarter ended December 2025 as against Rs 927.81 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1061.39927.81 14 OPM %12.366.48 - PBDT114.7047.74 140 PBT108.5041.59 161 NP80.6329.88 170 Powered by Capital Market - Live