Turtlemint Fintech Solutions Ltd

Turtlemint Fintech Solutions Limited announced that its board approved an investment of up to Rs 1,49,51,13,103.05 in its wholly owned subsidiary, Turtlemint Insurance Broking Services Private Limited, through a rights issue of up to 8,41,715 equity shares at Rs 1,776.27 per share. The investment will be used to meet working capital requirements, including lease payments, and will not alter the company’s shareholding percentage in the subsidiary.

Turtlemint Fintech Solutions Limited, formerly known as Turtlemint Fintech Solutions Private Limited and Fintech Blue Solutions Private Limited, submitted a compliance certificate dated October 7, 2026, to the Bombay Stock Exchange and the National Stock Exchange of India, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026, with KFin Technologies Limited serving as the Registrar and Share Transfer Agent.

Turtlemint Fintech Solutions Limited will close its trading window for designated persons from October 1, 2026, until 48 hours after a board meeting approves the company’s unaudited financial results for the quarter and half-year ended September 30, 2026.

Aastha Spintex Ltd, Eldeco Housing & Industries Ltd, PBM Polytex Ltd and Starteck Finance Ltd are among the other losers in the BSE's 'B' group today, 24 September 2026.Turtlemint Fintech Solutions Ltd crashed 19.99% to Rs 109.1 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 1.12 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one month.Aastha Spintex Ltd tumbled 9.99% to Rs 80.82. The stock was the second biggest loser in 'B' group.On the BSE, 2.66 lakh shares were traded on the counter so far as against the average daily volumes of 1.43 lakh shares in the past one month.Eldeco Housing & Industries Ltd lost 9.59% to Rs 708. The stock was the third biggest loser in 'B' group.On the BSE, 769 shares were traded on the counter so far as against the average daily volumes of 516 shares in the past one month.PBM Polytex Ltd plummeted 9.34% to Rs 58.02. The stock was the fourth biggest loser in 'B' group.On the BSE, 32 shares were traded on the counter so far as against the average daily volumes of 462 shares in the past one month.Starteck Finance Ltd corrected 9.01% to Rs 242. The stock was the fifth biggest loser in 'B' group.On the BSE, 9 shares were traded on the counter so far as against the average daily volumes of 439 shares in the past one month.

Turtlemint Fintech Solutions Limited announced the designation of Mrs. Monica Anshul Mishra, Chief Human Resource Officer, as a Senior Management Personnel, effective September 9, 2026, according to a regulatory filing with the BSE Limited and National Stock Exchange of India Limited.

Turtlemint Fintech Solutions has modified its Employee Stock Option Plan (ESOP) scheme to align with recent regulatory updates, most notably SEBI circular no. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Key changes include the removal of standardized form templates and revisions to nominee provisions, streamlining the option granting process for the Nomination and Remuneration Committee. The company has also eliminated a previous requirement for shareholder approval when granting options to employees of group companies and introduced a new clause mandating that tax obligations be satisfied before share allotment. The ESOP scheme currently allows for a maximum of 1,21,93,045 options, with a vesting period of at least four years from the date of listing.

Turtlemint Fintech Solutions is modifying its Employee Stock Option Plan (ESOP) scheme to align with recent Securities and Exchange Board of India (SEBI) regulations and streamline operations. Key changes include the removal of standard form templates and specific clauses related to share sales and group company employee grants, granting the Nomination and Remuneration Committee greater authority to issue options. The updated scheme, detailed in Annexure III, caps the total number of options at 1,21,93,045, mandates an exercise price at or above par value, and establishes a vesting period of at least four years from the date of listing. Shareholder approval will be required for grants exceeding 1% of equity share capital, and the modifications are expected to be presented to shareholders for ratification.

Turtlemint Fintech Solutions Ltd share price softened by 2.62% to Rs 137.3 after the company's net profit witnessed a sharp fall of 1303.18% to Rs 37.78 crore, while revenue from operations reduced 17.67% to Rs 294.08 crore in Q2FY26 over Q1FY26. The market capitalization of Financial Technology (Fintech) industry group stocks on BSE stood at Rs 1.86 lakh crore, easing 1.83%. It has inched up 2.52% over last one week and soared by 19.88% in last one month while the market capitalization of Turtlemint Fintech Solutions Ltd has remained flat Profit before tax (PBT) of Turtlemint Fintech Solutions Ltd stood at Rs 37.87 crore in Q2 FY26, plunging by 18.89% year-on-year, and rallying 633.91% quarter-on-quarter. EBITDA came in at Rs 35 crore, nosediving by 29.78% YoY and expanding by 382.12% sequentially. Total expenses eased by 9.33% to Rs 331.03 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 65.44 crore, rising by 10.30% YoY. For the TTM ended FY26, revenue from operations surged 742.71% to Rs 662.71 crore, while net profit saw a mild growth of 0.39% to Rs 194.11 crore, compared to previous TTM. EBITDA saw a sharp decline of 24417% to Rs 218.86 crore, and PBT saw a marginal contraction of 2.06% to Rs 189.36 crore compared to previous TTM.

Turtlemint Fintech Solutions Ltd share price slipped 2.62% to Rs 137.3 after the company's net profit tumbled by 1303.18% to Rs 37.78 crore, while revenue from operations declined 17.67% to Rs 294.08 crore in Q2FY26 over Q1FY26. The market capitalization of Financial Technology (Fintech) industry group stocks on BSE stood at Rs 1.82 lakh crore, easing 1.81%. It has improved by 8.28% over last one week and rallied by 22.96% in last one month while the market capitalization of Turtlemint Fintech Solutions Ltd has remained flat Profit before tax (PBT) of Turtlemint Fintech Solutions Ltd stood at Rs 37.87 crore in Q2 FY26, declining 4.13% year-on-year, and expanding by 633.91% quarter-on-quarter. EBITDA came in at Rs 35 crore, tumbling by 18.45% YoY and jumping 382.12% sequentially. Total expenses marginally dropped 9.33% to Rs 331.03 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 65.44 crore, improving by 10.30% YoY. For the TTM ended FY26, revenue from operations soared by 742.71% to Rs 662.71 crore, while net profit saw a mild growth of 0.39% to Rs 194.11 crore, compared to previous TTM. EBITDA saw a sharp decline of 24417% to Rs 218.86 crore, and PBT dipped slightly 2.06% to Rs 189.36 crore compared to previous TTM.

Turtlemint Fintech Solutions Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. The trading window for the company's securities has been closed since July 1, 2026, and will reopen 48 hours after the results are declared.