Shadowfax Technologies Ltd

NewQuest Asia Fund IV Singapore Pte. Ltd. has disclosed the sale of 1,33,24,824 equity shares in Shadowfax Technologies Limited, representing 2.28% of the company's paid-up equity share capital. The sales occurred on August 3rd, 5th, and 6th, 2026. This cumulative sale crossed the 2% threshold under SEBI's Takeover Regulations, necessitating this disclosure. Following the sale, NewQuest's holding in Shadowfax Technologies has reduced to 9.26% from 11.53%. The transactions were conducted via the open market.

Shadowfax Technologies Limited announced the grant of 3,333 Employee Stock Options (ESOPs) under its SFX ESOP 2016 plan. The options are granted at an exercise price of ₹10 per option and become effective from July 31, 2026. Each option is convertible into one fully paid-up equity share of face value ₹10. The options will vest after a minimum of 12 months from the grant date, with vesting criteria based on time and/or performance, subject to continued employment. All vested options can be exercised within five years from the vesting date. This move is part of the company's long-term incentive strategy for its employees.

Shadowfax Technologies Limited has announced the resignation of Mr. Nitesh Lohiya, Chief Product Officer and Senior Management Personnel. Mr. Lohiya's resignation is effective from the close of business hours on August 07, 2026. The company has acknowledged his resignation, citing personal reasons. Mr. Lohiya expressed gratitude for the support received during his tenure and stated his decision is driven by a desire to pursue a different career direction. Details as per SEBI regulations are provided in Annexure A.

Shadowfax Technologies Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, pertains to the utilization of proceeds from the company's Initial Public Offer (IPO) of ₹1,000 crores. The filing confirms that there have been no deviations from the stated objects for the utilization of these funds during the quarter. The report is available on the company's investor relations website.

Shadowfax Technologies Ltd announced its Q1 FY27 financial results, reporting a record revenue of ₹1,358 Cr, a 64.9% year-over-year increase. The company also achieved an all-time high Profit After Tax (PAT) of ₹65 Cr, with a 716% YoY growth. Adjusted EBITDA margin expanded to 4.9%. This performance marks the fifth consecutive quarter of over 60% revenue growth. The company highlighted significant order volume growth in express parcel and hyperlocal segments, alongside strategic investments in network expansion and technology, including its AI-powered platforms and a new self-serve digital shipping platform for SMEs. Capex of approximately ₹60 Cr was invested to strengthen national infrastructure.

Shadowfax Technologies Ltd announced that its Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board meeting, held today, also accepted the resignation of Mr. Nitesh Lohiya, Chief Product Officer, effective August 07, 2026. The financial results were reviewed by statutory auditors, BS R & Co. LLP. The company has made this information available on its investor relations website.

Shadowfax Technologies Limited announced the declaration of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results, along with the Statutory Auditors' reports, during a meeting held today. The meeting commenced at 10:35 a.m. (IST) and concluded at 11:59 a.m. (IST). The company also informed about the resignation of Mr. Nitesh Lohiya, Chief Product Officer, effective August 07, 2026. The financial results are available on the company's investor relations website.

Eight Roads Investments Mauritius II Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the sale of equity shares in Shadowfax Technologies Ltd. The sale occurred on July 24, 2026. Alina Yu filed this report on behalf of Eight Roads, acting under a power of attorney dated July 27, 2026. The filing adheres to Regulation 29(2) and 29(3) of the SEBI Takeover Regulations, with the notification made within two working days of the transaction. The specific details of the shares sold, including quantity and value, are not provided in this extract but are presumed to be in the enclosed SEBI-prescribed format.

ICICI Prudential Mutual Fund, through its various schemes, has acquired a net of 2,03,22,019 shares of Shadowfax Technologies Ltd. This acquisition, made between February 18, 2026, and July 24, 2026, has increased the fund's total shareholding to 8.56% (5,00,95,324 shares). The previous disclosure on February 18, 2026, showed a holding of 5.15%. The fund clarified that these acquisitions are from an investment perspective and not to seek controlling interest. The total equity share capital of Shadowfax Technologies Ltd. after the acquisition is valued at approximately ₹5,970 crore.

Flipkart Internet Private Limited has disclosed a sale of 3,37,38,852 equity shares in Shadowfax Technologies Limited, reducing its stake to 5.77% from 7.29%. The transaction, an open market sale conducted on July 24, 2026, signifies a substantial reduction in Flipkart's holding in the logistics company. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of Shadowfax Technologies Limited remains at ₹58,50,84,620, with a diluted share capital of ₹59,70,24,455.