---
title: "Span Divergent Ltd (524727) — Share Price, Financials & Analysis"
symbol: "524727"
company: "Span Divergent Ltd"
canonical: "https://tapetide.com/stocks/524727"
isin: "INE004E01016"
bse_code: "524727"
sector: "Healthcare"
industry: "Pharmaceuticals"
market_cap_cr: 21.3
generated_at: "2026-09-13T20:38:01.815Z"
---

# Span Divergent Ltd (524727)

Canonical page: https://tapetide.com/stocks/524727

## Company

- **BSE Code:** 524727
- **ISIN:** INE004E01016
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** spandivergent.com

## About

Incorporated in 1972, Span Divergent Ltd deals in different businesses through various subsidiaries.[1]

## Latest Price

- **Price:** ₹27.89
- **Change:** -1.41 (-4.81%)
- **Open:** ₹30.75
- **Day High:** ₹30.75
- **Day Low:** ₹27.89
- **Previous Close:** ₹29.3
- **Volume:** 11
- **As Of:** 2026-09-11T11:07:09+00:00

## Key Fundamentals

Observed at 2026-09-11T04:34:10.141326Z.

- **Market Cap:** ₹21.3 Cr
- **Classification:** Microcap
- **P/E (reported):** -5.9
- **EPS (TTM):** ₹-4.79
- **Book Value:** ₹20.46
- **Price to Book:** 1.43
- **Dividend Yield:** 0%
- **ROE:** -29.99%
- **ROCE:** -21.51%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹18.5 Cr
- **Net Income:** ₹-2.9 Cr
- **EBITDA:** ₹-1.3 Cr
- **52-Week High:** ₹51.49
- **52-Week Low:** ₹21.76
- **RSI (14):** 43.38

## Key Insights

### Strengths

- Debtor days have improved from 45.0 to 32.6 days.

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding has decreased over last 3 years: -15.9%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -88.17% | -91.2% | -96.87% |
| ebitda margin growth | -12.5% | -229.04% | -132.74% | -150.36% |
| net income growth | -9.09% | 123.08% | -68% | 9% |
| revenue growth | -74.47% | 83.17% | 11% | 18% |
| roce | 0% | -396.69% | -60.01% | -13% |
| roe | 6.25% | -308.12% | -8.63% | -108.66% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.18 | 3.01 | 3.03 | 3.71 | 2.8 | 1.9 | 0.55 | 1.07 | 7.65 | 3.86 | 4.65 | 1.02 |
| Expenses | 2.97 | 2.6 | 2.82 | 3.45 | 2.56 | 2.12 | 1.49 | 1.73 | 7.65 | 4.94 | 5.51 | 2.06 |
| Operating Profit | 0.21 | 0.41 | 0.21 | 0.26 | 0.24 | -0.22 | -0.94 | -0.66 | 0 | -1.08 | -0.86 | -1.04 |
| OPM % | 6.6 | 13.62 | 6.93 | 7.01 | 8.57 | -11.58 | -170.91 | -61.68 | 0 | -27.98 | -18.49 | -101.96 |
| Other Income | 0.27 | 0.36 | 0.96 | 0.2 | 0.25 | 0.47 | 0.34 | 0.91 | 0.22 | 0.34 | 0.15 | 0.28 |
| Interest | 0.18 | 0.18 | 0.17 | 0.16 | 0.15 | 0.14 | 0.15 | 0.12 | 0.12 | 0.11 | 0.12 | 0.14 |
| Depreciation | 0.47 | 0.34 | 0.33 | 0.28 | 0.28 | 0.28 | 0.24 | 0.27 | 0.27 | 0.28 | 0.3 | 0.24 |
| Profit before tax | -0.17 | 0.25 | 0.67 | 0.02 | 0.06 | -0.17 | -0.99 | -0.14 | -0.17 | -1.13 | -1.13 | -1.14 |
| Tax % | 76.47 | 72 | -32.84 | 550 | 16.67 | 23.53 | 4.04 | 21.43 | 11.76 | 0.88 | -0.88 | 3.51 |
| Net Profit | -0.3 | 0.06 | 0.88 | -0.09 | 0.05 | -0.21 | -1.03 | -0.17 | -0.18 | -1.13 | -1.12 | -1.19 |
| EPS in Rs | -0.48 | 0.22 | 1.68 | -0.02 | 0.24 | -0.27 | -1.63 | -0.18 | -0.24 | -1.78 | -1.32 | -1.45 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14.57 | 24.14 | 9.38 | 7.4 | 13.09 | 12.52 | 12.33 | 8.96 | 17.22 | 17.18 |
| Expenses | 25.16 | 31.34 | 15.16 | 9.64 | 12.67 | 11.42 | 10.94 | 9.61 | 19.8 | 20.16 |
| Operating Profit | -10.59 | -7.2 | -5.78 | -2.24 | 0.42 | 1.1 | 1.39 | -0.65 | -2.58 | -2.98 |
| OPM % | -72.68 | -29.83 | -61.62 | -30.27 | 3.21 | 8.79 | 11.27 | -7.25 | -14.98 | -17.35 |
| Other Income | 2.57 | -0.76 | 1.96 | 0.82 | -7.54 | -3.45 | 1.77 | 1.25 | 1.28 | 0.99 |
| Interest | 1.7 | 1.89 | 1.99 | 1.58 | 1.08 | 1 | 0.72 | 0.6 | 0.43 | 0.49 |
| Depreciation | 2.6 | 3.62 | 3.45 | 3.11 | 2.17 | 2.17 | 1.64 | 1.09 | 1.17 | 1.09 |
| Profit before tax | -12.32 | -13.47 | -9.26 | -6.11 | -10.37 | -5.52 | 0.8 | -1.09 | -2.9 | -3.57 |
| Tax % | 1.46 | 4.31 | -7.02 | 0.82 | -2.12 | -1.81 | 2.5 | 17.43 | 1.38 | — |
| Net Profit | -12.5 | -14.05 | -8.61 | -6.16 | -10.15 | -5.42 | 0.79 | -1.28 | -2.95 | -3.62 |
| EPS in Rs | -22.89 | -22.28 | -14.23 | -10.23 | -17.94 | -9.25 | 1.79 | -1.68 | -3.44 | -4.79 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 5.46 | 7.26 |
| Reserves | 43.11 | 30.61 | 19.87 | 12.12 | 6.56 | -3.24 | -8.3 | -7.35 | -8.27 | 7.6 |
| Borrowings | 13.12 | 23.18 | 22.3 | 19.19 | 17.99 | 13.19 | 11.15 | 9.11 | 8.36 | 7.14 |
| Other Liabilities | 2.97 | 4.02 | 1.64 | 2.56 | 4.27 | 12.27 | 17.02 | 16.64 | 17.28 | 6.54 |
| Total Liabilities | 64.66 | 63.27 | 49.27 | 39.33 | 34.28 | 27.68 | 25.33 | 23.86 | 22.83 | 28.54 |
| Fixed Assets | 8.15 | 25.91 | 22.47 | 20.19 | 17.72 | 15.36 | 13.12 | 10.75 | 9.64 | 9.33 |
| CWIP | 10.95 | 0 | 0.06 | 0.13 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Investments | 27.87 | 25.5 | 16.36 | 10.07 | 9.43 | 4.03 | 3.95 | 4.69 | 6.3 | 5.15 |
| Other Assets | 17.69 | 11.86 | 10.38 | 8.94 | 7.11 | 8.29 | 8.26 | 8.42 | 6.89 | 14.06 |
| Total Assets | 64.66 | 63.27 | 49.27 | 39.33 | 34.28 | 27.68 | 25.33 | 23.86 | 22.83 | 28.54 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -5.38 | -11.74 | -7.09 | -0.12 | -0.21 | 7.03 | 1.98 | 2.5 | 1.86 | 0.22 |
| Cash from Investing Activity | -5.55 | 0.81 | 10.05 | 5.89 | 1.99 | -2.05 | 0.53 | 0.12 | -1.05 | 1.55 |
| Cash from Financing Activity | 12.74 | 7.37 | -2.82 | -7.32 | -1.41 | -5.5 | -2.3 | -2.09 | -1.15 | 4.12 |
| Net Cash Flow | 1.8 | -3.57 | 0.14 | -1.55 | 0.37 | -0.52 | 0.2 | 0.53 | -0.34 | 5.89 |
| Free Cash Flow | -21.44 | -15.13 | -6.93 | -1.46 | 1.79 | 8.12 | 1.85 | 2.12 | 1.91 | -0.19 |
| CFO/OP | 13 | 60 | 97 | 0 | 3 | 1717 | 185 | 183 | -185 | -16 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 1.27 | 59.62 | 22.08 | 39.3 | 73.49 | 44.06 | 55.39 | 45.88 | 56.62 | 32.64 |
| Inventory Days | 314.18 | 101.31 | 52.17 | 83.88 | 143.23 | 179.48 | 317.65 | 206.08 | 123.31 | 40.32 |
| Days Payable | 78.54 | 39.95 | 12.44 | 79.35 | 298.01 | 213.76 | 526.78 | 480.26 | 426.66 | 136.2 |
| Cash Conversion Cycle | 236.9 | 120.98 | 61.81 | 43.84 | -81.29 | 9.77 | -153.74 | -228.3 | -246.72 | -63.24 |
| Working Capital Days | -705.84 | -228.22 | -185.98 | -310.52 | -400.02 | -428.58 | -599.98 | -608.63 | -1009.45 | -220.65 |
| ROCE % | -8.98 | -19.95 | -19.1 | -19.87 | -15.86 | -3.67 | -9.5 | 36.03 | -186.79 | -34.08 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 64.01% | 64.01% | 64.01% | 64.01% | 64.01% | 64% | 64% | 64% | 64% | 64% | 48.13% | 48.13% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 15.02% | 15% | 14.94% | 14.98% | 14.97% | 14.97% | 14.97% | 14.97% | 14.97% | 14.97% | 36.13% | 36.12% |
| Others | 20.97% | 20.99% | 21.05% | 21.02% | 21.02% | 21.03% | 21.03% | 21.02% | 21.03% | 21.03% | 15.74% | 15.75% |
| No. of Shareholders | 2123 | 2104 | 2069 | 2046 | 2072 | 2170 | 2138 | 2140 | 2156 | 2108 | 2081 | 2062 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 29.99 | Sell |
| EMA (10) | 29.82 | Sell |
| SMA (20) | 30.52 | Sell |
| EMA (20) | 30.7 | Sell |
| SMA (50) | 34.66 | Sell |
| EMA (50) | 32.88 | Sell |
| SMA (100) | 34.72 | Sell |
| EMA (100) | 32.89 | Sell |
| SMA (200) | 29.43 | Sell |
| EMA (200) | 30.94 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.43 | Neutral |
| MACD (12,26,9) | -1.31 | Buy |
| Stochastic (14,3,3) | 26.52 | Neutral |
| ADX (14) | 19.86 | Neutral |
| Williams %R (14) | -94.59 | Buy |
| ATR (14) | 1.96 | High Volatility |
| ROC (12) | -9.4 | Sell |
| Stoch RSI (14) | 31.9 | Neutral |
| UO (7,14,28) | 32.1 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da523504-94d0-44bb-a613-f94863eb4818.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=462b6f60-13d3-4e47-a3a2-ec47d0f5eb21.pdf) |
| 2026-09-02 | [Span Divergent Limited-Notice Of The 46Th Annual General Meeting To Be Held On Monday September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5216e401-0ae3-4263-bb0e-4ffbf96b78ac.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae730b6b-759b-40f9-8fa0-47982346bc1f.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de5efa5b-5cf6-48f9-bb68-dafe12e365fb.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Span Divergent Limited Outcome Of Board Meeting Held On August 11 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=643dc71f-ee0b-4e76-91f3-3305b6eca8ae.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Span Divergent Limited Board Meeting To Be Held On August 11 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e41781f-03f1-4746-86af-a45ae5cf20d0.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f04cd12-b975-4c84-b1e4-f486749ba9a0.pdf) |
| 2026-07-06 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fd04217-ea39-43bd-aae3-96ac0ba391bf.pdf) |
| 2026-06-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fb1cfc9-7ad9-4c5a-b051-bef1ecd48468.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Span Divergent Limited-Financial Results For The Quarter End June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=080e6bdd-c3c0-4ef3-9bfc-d5bc70819c98.pdf) |
| 2026-05-30 | [Span Divergent Limited - Audited Standalone And Consolidated Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26a0832b-a8d2-40b0-956a-9093c6262ca5.pdf) |
| 2026-02-10 | [Span Divergent Limited-Integrated Unaudited Financial Results For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d90e429-ceda-4de5-87e8-420afabbbad3.pdf) |
| 2025-11-10 | [Span Divergent Limited - Results For The Quarter Ended On September 30 2025 (Both Standalone And Consolidated)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=170cbaf3-b130-4f45-97b1-4dc095682dee.pdf) |
| 2025-08-13 | [Span Divergent Limited - Integrated Financial Results For The First Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa26abec-b333-4575-9db2-18496954a563.pdf) |
| 2025-02-07 | [Span Divergent Limited-Unaudited Financial Results For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad788323-c1ba-43e0-a459-e8f7a4e8ff85.pdf) |
| 2025-02-07 | [Span Divergent Limited -Revised Unaudited Financial Results For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8dd22550-91af-428f-8b51-cbba8407a48d.pdf) |
| 2024-10-29 | [Span Divergent Limited- Financial Results For The Quarter And Half Year Ended September 30, 2024 With Revised Consolidated Segment Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a2c7951-da1b-43af-9915-d96038812294.pdf) |
| 2024-10-28 | [Span Divergent Limited- Financial Result For The Quarter End And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b548e6e9-5dfb-4133-b431-1619cc164260.pdf) |
| 2024-08-13 | [Span Divergent Limited - Results For The Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9735a17d-93ad-45cf-98ef-cdf9203d5189.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - RTA certificate confirms Regulation 74(5) compliance for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - RTA certificate confirms Regulation 74(5) compliance for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cb249e3-7e76-4350-84dc-bd95d02e934e.pdf) |
| 6 May - BSE approved listing of 18,01,481 preferential shares at Rs.32.16, allotted on 28 March 2026. | [Span Divergent Limited - Intimation For Receipt Of Listing Approval 6 May - BSE approved listing of 18,01,481 preferential shares at Rs.32.16, allotted on 28 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bcf049d5-2ed9-4f33-a58b-5e03c36cd773.pdf) |
| 5 Feb - Mr. Dharmesh V. Desai appointed Independent Director Nov 10, 2025–Nov 09, 2030; regularised via Feb 04-05, 2026 postal ballot. | [Announcement under Regulation 30 (LODR)-Change in Directorate 5 Feb - Mr. Dharmesh V. Desai appointed Independent Director Nov 10, 2025–Nov 09, 2030; regularised via Feb 04-05, 2026 postal ballot.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6f3a674-7fcc-4134-92a2-d5b9f7c60da4.pdf) |
| 31 January 2026 - Secured fresh orders totalling ~21 crore from existing customers, improving revenue visibility. | [Press Release 31 January 2026 - Secured fresh orders totalling ~21 crore from existing customers, improving revenue visibility.](https://nsearchives.nseindia.com/corporate/Divine_31012026120059_Details_of_fresh_Orders_DPEL_VUPL.pdf) |
| 28 Mar - Allotment of 18,01,481 shares to Mr. Neev Jogani at Rs32.16; proceeds Rs5.79 crore; allottee 24.80%. | [Board Meeting Outcome for Span Divergent Limited - Outcome Of Board Meeting Held On March 28, 2026 28 Mar - Allotment of 18,01,481 shares to Mr. Neev Jogani at Rs32.16; proceeds Rs5.79 crore; allottee 24.80%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/167846cd-af7d-47fb-a982-cdc774bba479.pdf) |
| 28 Mar - Allotment of 18,01,481 shares at Rs.32.16 to Mr. Neev N. Jogani; proceeds Rs.5.79 crore; allottee 24.80%. | [Announcement under Regulation 30 (LODR)-Preferential Issue 28 Mar - Allotment of 18,01,481 shares at Rs.32.16 to Mr. Neev N. Jogani; proceeds Rs.5.79 crore; allottee 24.80%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98d9595a-32d9-4a1a-8ae2-577c6f78fbba.pdf) |
| 28 Mar - Allotment of 1,801,481 shares at Rs.32.16 to Neev Jogani; raises Rs.5.7936 crore; 24.8% stake. | [Announcement under Regulation 30 (LODR)-Allotment 28 Mar - Allotment of 1,801,481 shares at Rs.32.16 to Neev Jogani; raises Rs.5.7936 crore; 24.8% stake.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/044b5e98-65b3-4cca-b2bf-3592404e77f8.pdf) |
| 25 Feb - Issued corporate guarantee up to Rs.5,00,00,000 to HDFC Bank for Dryfruit Factory LLP, dated Feb 25, 2026. | [Announcement Under Regulation 30 (LODR) 25 Feb - Issued corporate guarantee up to Rs.5,00,00,000 to HDFC Bank for Dryfruit Factory LLP, dated Feb 25, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d79d264-007e-4304-a9e1-88aa085c69f4.pdf) |
| 25 Feb - Board approved corporate guarantee up to Rs5,00,00,000 for Dryfruit Factory LLP’s HDFC Bank facilities (25 Feb 2026). | [Board Meeting Outcome for Span Divergent Limited- Outcome Of Board Meeting Held On February 25, 2026 25 Feb - Board approved corporate guarantee up to Rs5,00,00,000 for Dryfruit Factory LLP’s HDFC Bank facilities (25 Feb 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0dde7cc-1435-4df6-8b41-532ff80555f0.pdf) |
| 21 January 2026 - Divine Power Energy: Reg.74(5) non-applicable; all shares dematerialised; RTA certificate for quarter ended 31-Dec-2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 21 January 2026 - Divine Power Energy: Reg.74(5) non-applicable; all shares dematerialised; RTA certificate for quarter ended 31-Dec-2025.](https://nsearchives.nseindia.com/corporate/Divine_21012026193756_Reg_74_DPEL_Dec_2025.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28468_DPEL_2024_2025_A_10071556_04092025190343.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26040_DPEL_2023_2024_06092024185942.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7dffd69-e34c-40cf-82c1-9d2011a5e459.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e156026-3aec-4a2e-8fd2-934aa31e022d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31ba45a3-e7e0-4f9d-b979-2915f1449d0e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524727/77303524727.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524727/70919524727.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/524727/66341524727.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/524727/5247270319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/524727/5247270318.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:38:01.815Z.