{"url":"https://newsforagent.com/news/2026-11-05/jay-kailash-namkeen-profit-control-swap","markdown_url":"https://newsforagent.com/news/2026-11-05/jay-kailash-namkeen-profit-control-swap.md","title":"Jay Kailash Namkeen Posts ₹120 Lakh Profit as Control Shifts","headline":"Jay Kailash Namkeen Reports ₹120.45 Lakh FY26 Profit and Proposes Amar Talwar Control Swap","description":"Jay Kailash Namkeen posted ₹120.45 lakh profit for FY26 on ₹1,746.21 lakh revenue and proposed a share swap giving Amar Talwar 40.31% and promoter control.","section":"Earnings & Results","published_at":"2026-11-05T12:14:43+00:00","modified_at":"2026-11-05T12:14:43+00:00","author":"News Desk","key_takeaways":["Jay Kailash Namkeen's profit after tax was ₹120.45 lakh in FY26, nearly flat against ₹121.50 lakh in FY25.","Revenue from operations rose to ₹1,746.21 lakh from ₹1,502.42 lakh a year earlier.","A preferential issue of up to 33,74,375 shares at ₹45.19 each would give Amar Pramod Talwar 40.31% of post-issue capital and promoter status."],"companies":[{"name":"Jay Kailash Namkeen","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0004zhw/jay-kailash-namkeen","website":"https://www.jaykailashnamkeen.com"}],"source":{"publisher":"ScanX","title":"Jay Kailash Namkeen posts ₹120 lakh profit; control shift proposed via share swap","url":"https://scanx.trade/stock-market-news/companies/jay-kailash-namkeen-posts-120-lakh-profit-control-shift-proposed-via/55425383"},"other_sources":[],"tags":["Earnings & Results","Jay Kailash Namkeen"],"body_markdown":"[Jay Kailash Namkeen](https://akta.pro/company-profiles/0004zhw/jay-kailash-namkeen) Limited reported a profit after tax of ₹120.45 lakh for the financial year ended March 31, 2026, nearly flat against ₹121.50 lakh in FY25, and proposed a share swap that would transfer promoter control to Amar Pramod Talwar. [ScanX](https://scanx.trade/stock-market-news/companies/jay-kailash-namkeen-posts-120-lakh-profit-control-shift-proposed-via/55425383) reported the results and the proposed corporate action on November 5, 2026.\n\n## Jay Kailash Namkeen's FY26 Results and Receivables\n\nRevenue from operations rose to ₹1,746.21 lakh from ₹1,502.42 lakh in the previous year. Profit before tax was ₹166.66 lakh against ₹154.23 lakh, and the company proposed no dividend, retaining all profits.\n\nTrade receivables climbed to ₹1,243.43 lakh from ₹397.49 lakh, and the trade receivables turnover ratio fell to 2.13 times from 7.56 times. The statutory auditors, MSNJ & Associates, issued a qualified opinion citing going concern uncertainty and loans and advances of ₹469.09 lakh outstanding for a substantial period without confirmations. Management said new promoters have agreed to settle these balances.\n\n## How the Amar Talwar Share Swap Works\n\nThe board recommended a preferential issue of up to 33,74,375 equity shares at ₹45.19 per share to Talwar, for consideration other than cash in lieu of 8,000 equity shares he holds in Vayuveer Solutions Private Limited. On completion he would hold 40.31% of post-issue capital and be classified as a promoter, changing control of the company. Management said acquiring Vayuveer aims to integrate edible oil manufacturing with the snack business, secure raw material sourcing and diversify revenue.\n\n## Jay Kailash Namkeen's Listing and Product Expansion\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Jay Kailash Namkeen was founded in Rajkot in 2013 and listed on BSE under ticker bom:544160 in 2024. The same records show 2025 launches that expanded its Roasted line with millet, makhana and multigrain snacks and added 15 sev and gathiya SKUs plus 13 mixer SKUs, taking its catalog past roughly 100 SKUs.\n\n## Earlier Steps Toward the Control Change\n\nAt its fifth AGM on September 12, 2026, shareholders approved a preferential issue of 33.74 lakh shares totaling ₹15.25 crore and appointed three directors and four independent directors, ScanX reported. On August 24, 2026, ScanX reported that Talwar had launched a mandatory open offer of ₹12.19 crore for a 26% stake, following a share swap that raised his holding to 40.31%.\n\n## What Comes Next for Jay Kailash Namkeen\n\nThe proposed preferential issue of up to 33,74,375 shares at ₹45.19 each, and the change in control it carries, remain subject to completion.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}