What’s new

• Ancla Technology Solutions is buying the entire 54.08% promoter stake for ₹12.50 cr at ₹21 a share.
• The deal triggers a mandatory open offer for another 26% of the company, costing about ₹6.01 cr.
• The new investor group will take full management control and become the new promoters.

Why it matters

A complete promoter exit at the nano-cap level is a rare, clean-slate event. Ancla Technology, a corporate entity, is paying ₹18.5 cr total to take a company with a ₹22 cr market cap. That's the entire market value in cash to the old owners, with a new team holding the keys.

What we’re watching

• The new owners' plan for the currently stagnant hospitality business.
• Open offer subscription levels from minority shareholders.
• Whether Ancla's ₹18.5 cr total outlay signals operational investment to come.

The full read

The entire promoter group of Reliable Ventures is walking away. In a deal signed June 2, Ancla Technology Solutions will buy the 54.08% controlling stake for ₹12.50 crore at ₹21 a share. That triggers a mandatory open offer for another 26%, adding ₹6.01 crore to the bill. For a nano-cap hospitality company with a market cap of about ₹22 crore, this is a full takeover: the new group's total potential investment of over ₹18.5 crore is nearly the entire value of the firm. The existing promoters are out. A corporate acquirer is in. For a company with stagnant operations, the change in control is the whole story.

Primary source: BSE · NSE

What’s new

• Reliable Ventures India reported zero revenue for the year ended March 31, 2026.
• The company continues to record losses consistent with prior periods.
• This is a routine annual disclosure for the ₹23 crore market-cap entity.

Why it matters

The results confirm the company remains in a stagnant state with no operational activity. For a business of this size, the lack of revenue is a persistent reality.

What we’re watching

• Any signs of operational activity in future quarterly filings.
• Changes to the company's capital structure or business model.
• Liquidity levels given the ongoing losses.

The full read

Reliable Ventures India has released its audited results for the year ended March 31, 2026. The numbers offer no surprises. The company recorded ₹0 in revenue from operations, continuing a pattern of losses that matches its prior financial history.

With a market capitalization of roughly ₹23 crore, the business remains a nano-cap entity. It has no revenue. This filing is a routine regulatory requirement and provides no new information to shift the company's outlook. It is a status-quo report for a company that has yet to generate any meaningful activity, leaving the firm in a state of total stagnation.

Primary source: BSE · NSE