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THEINVEST Issues ₹400 Crore Corporate Guarantee for Subsidiary Antique Stock Broking
The Investment Trust of India Limited (THEINVEST) has provided a corporate guarantee worth ₹400 crore in favor of HDFC Bank. This guarantee is intended to facilitate bank guarantee facilities for its wholly-owned subsidiary, Antique Stock Broking Limited. The subsidiary will use these facilities to meet collateral and margin requirements with NSE Clearing Limited. The transaction is conducted at arm's length and is part of the ordinary course of business for the financial services group.
Key Highlights
Corporate guarantee issued for an aggregate amount not exceeding ₹400 crore
Beneficiary is Antique Stock Broking Limited, a wholly-owned material subsidiary
Guarantee provided to HDFC Bank to facilitate margin requirements for NSE Clearing Limited
Transaction confirmed to be at arm's length with no promoter interest
No immediate impact on financial statements other than disclosure of contingent liability
💼 Action for Investors
Investors should view this as a routine operational support measure for the company's brokerage arm. Monitor the subsidiary's trading volumes and the parent company's total contingent liabilities in upcoming quarterly reports.
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THEINVEST Reports Q3 Profit of ₹41.35 Lakhs and Announces Subsidiary Restructuring
The Investment Trust of India Limited reported a standalone profit of ₹41.35 Lakhs for Q3 FY26, marking a significant turnaround from a loss of ₹111.52 Lakhs in the same quarter previous year. Total standalone income grew to ₹574.92 Lakhs, supported by a rise in other income. The board also approved a strategic restructuring involving the demerger of the 'Corporate and MSME Loan Undertaking' from its subsidiary ITI Credit Ltd into its associate ITI Finance Ltd. Furthermore, the company completed the redemption of 0% Optionally Convertible Preference Shares (OCPS) worth ₹32.66 Lakhs.
Key Highlights
Standalone PAT turned positive at ₹41.35 Lakhs in Q3 FY26 vs a loss of ₹111.52 Lakhs in Q3 FY25.
Total standalone income increased by 40.6% year-on-year to ₹574.92 Lakhs.
Approved demerger of MSME loan division from ITI Credit Ltd (WOS) to ITI Finance Ltd (Associate).
Redeemed 10,050 0% Optionally Convertible Preference Shares totaling ₹32.66 Lakhs.
Re-appointed M/s. MAKK & Co. as Internal Auditors for the financial year 2026-27.
💼 Action for Investors
Investors should monitor the execution of the subsidiary restructuring and its impact on the consolidated books. The turnaround to standalone profitability is a positive indicator, though the stock remains sensitive to regulatory approvals for its pending demerger schemes.
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The Investment Trust of India Reports Q3 PAT of ₹41.35 Lakhs; Approves Subsidiary Demerger
The Investment Trust of India Limited (THEINVEST) reported a turnaround in Q3 FY26, posting a standalone profit after tax of ₹41.35 Lakhs compared to a loss of ₹111.52 Lakhs in the year-ago period. Total income grew to ₹574.92 Lakhs, supported by a significant increase in other income. Beyond earnings, the board approved a strategic restructuring to demerge the 'Corporate and MSME Loan' division from its subsidiary, ITI Credit, into its associate, ITI Finance. The company also completed the redemption of 10,050 Optionally Convertible Preference Shares (OCPS) during the quarter.
Key Highlights
Standalone PAT turned positive at ₹41.35 Lakhs for Q3 FY26 vs a loss of ₹111.52 Lakhs YoY.
Total income for the quarter rose to ₹574.92 Lakhs, up from ₹408.72 Lakhs in the previous year's quarter.
Approved demerger of Corporate and MSME Loan division from ITI Credit Ltd to ITI Finance Ltd.
Redeemed 10,050 Optionally Convertible Preference Shares (OCPS) worth ₹32.66 Lakhs on Dec 30, 2025.
9M FY26 standalone PAT stands at ₹21.78 Lakhs compared to a loss of ₹70.60 Lakhs in 9M FY25.
💼 Action for Investors
The company has demonstrated a return to profitability and is actively streamlining its lending operations through subsidiary restructuring. Investors should monitor the execution of the demerger and the sustainability of this profit turnaround in upcoming quarters.