Span Divergent Limited

BSE: 524727
Span Divergent Limited - healthcare in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN L74999GJ1980PLC003710 Incorporated 31 March 1980 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 524727 Public Limited Company healthcare MSME
Data last updated
Market Cap
₹17.61 Cr
SDL · BSE
Share Price
₹23.99
-1.03% today
Revenue
₹17.22 Cr
FY 2025-26 · +92.2% YoY
EBITDA
−₹2.58 Cr
Margin -15.0%
Net Profit
−₹2.82 Cr
FY 2025-26 · -88.0% YoY
ROE
-54.6%
ROCE -19.0%
Debt / Equity
1.29
Interest cover -11.5x
Authorised capital
₹15 Cr
Registered with MCA

About Span Divergent Limited

Data last updated:

Span Divergent Limited is a public limited company based in Surat, Gujarat, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 31 March 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74999GJ1980PLC003710. Its GSTIN is 24AADCS3977Q1ZM (Gujarat). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 524727.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.26 Cr. It was formerly known as Span Diagnostics Limited and Span Diagnostics Private Limited. It is led by directors including Viral Pradipkumar Desai (Managing Director) and Paras Desai (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹17.22 Cr, a growth of 92.2% compared to the previous year. For the same year it recorded a net loss of ₹2.82 Cr (net margin -16.4%) and EBITDA of -₹2.58 Cr (EBITDA margin -15%). The net worth stands at ₹14.86 Cr (up 628.8% YoY). Total assets are valued at ₹18.04 Cr (up 2906.7% YoY).

The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Span Divergent Ltd and Span Divergent. As per MCA filings, the company has open charges of ₹9.82 Cr and satisfied charges of ₹202.33 Cr on record. Court records list 30 cases involving the company, including 21 filed by the company and 9 filed against it; 2 cases are pending. The company has 14 deals on record (13 market trades, 1 buyback); the latest was in March 2022.

Span Divergent Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0055823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website span.in.

Company details

CIN L74999GJ1980PLC003710
Registration Number 003710
Incorporation Date 31 March 1980
ROC Ahmedabad
Listing Status Listed - Listed on BSE (524727)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-22-0055823

Name history

Span Divergent has undergone 2 name changes throughout its history. The company was previously known as Span Diagnostics Limited, and Span Diagnostics Private Limited. The current legal name is Span Divergent Limited.

Company NameStatus
Span Divergent LimitedCurrent
Span Diagnostics LimitedPrevious
Span Diagnostics Private LimitedPrevious

CIN history

Span Divergent has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999GJ1980PLC003710, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74999GJ1980PLC003710Current
L24299GJ1980PLC003710Previous
U24299GJ1980PLC003710Previous
Key People
Viral Pradipkumar Desai Managing Director Paras Desai Whole-Time Director Shefali Pranav Desai Director

Recognitions & Rankings of Span Divergent

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-22-0055823

Contact details

Span Divergent Limited's registered office is in Surat, Gujarat. Its website is span.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    span.in
  • Registered Address
    9th Floor 902 – 904 Rajhans Bonista Behind Ram Chowk Temple Ghod Dod Road, Surat, Gujarat, India – 395007
  • Industry
    Healthcare, Diagnostic Centers & Pathology Labs

To see the full contact details of Span Divergent Limited, buy the company report.

Comprehensive company report
Span Divergent Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Span Divergent operates two associated brands: Span Divergent Ltd and Span Divergent. Each brand links to its own profile.

BrandDescriptionWebsite
Span Divergent
In vitro diagnostic kits are manufactured by Span Divergent.span.in
Span Divergent Ltd
Potato farming, grain marketing, and equipment services in various locations.span.co.in

Business activity

The main business activity of Span Divergent is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Span Divergent Limited, buy the company report.

Financials of Span Divergent Limited

FY 2025-26 filings available

Span Divergent Limited reported revenue of ₹17.22 Cr (up 92.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹17.22 Cr
+92.2% YoY
EBITDA
−₹2.58 Cr
-303.1% YoY
Profit After Tax
−₹2.82 Cr
-88.0% YoY
Net Worth
₹14.86 Cr
+628.8% YoY
Total Assets
₹18.04 Cr
+2906.7% YoY
Total Debt
₹7.14 Cr
-14.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue17.228.9612.3312.5213.097.409.38
Revenue growth+92.2%-27.3%-1.5%-4.4%+76.9%-21.1%-
EBITDA(2.58)(0.64)1.05(3.01)(8.76)(3.35)(6.31)
EBITDA margin-15.0%-7.1%+8.5%-24.0%-66.9%-45.3%-67.3%
Profit before tax(2.89)(1.08)0.79(5.52)(10.37)(6.11)(9.26)
Net profit(2.82)(1.50)0.23(1.15)(1.16)(5.64)(8.13)
Net profit margin-16.4%-16.7%+1.9%-9.2%-8.9%-76.2%-86.7%
EPS (₹)(3.44)(1.68)1.79(9.25)(17.94)(10.23)(14.23)
Balance sheet
Total assets18.040.602.333.3011.2826.1732.90
Net worth14.86(2.81)(1.89)(2.84)2.2212.0217.58
Total debt7.148.369.1111.1513.1917.9919.19
Cash & bank6.971.040.930.400.190.840.47
Net working capital3.59(16.03)(14.14)(14.35)(8.45)(1.13)1.56
Cash flow
Cash from operations0.221.862.501.987.03(0.21)(0.12)
Cash from investing1.55(1.05)0.120.53(2.05)1.995.89
Cash from financing4.12(1.15)(2.09)(2.30)(5.50)(1.41)(7.32)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.024.653.867.651.070.551.902.80
Revenue growth (YoY)-4.7%+745.5%+103.2%+173.2%-71.2%---
Other income0.280.150.340.220.910.340.470.25
EBITDA(1.05)(0.85)(1.09)0.01(0.67)(0.94)(0.21)0.24
EBITDA margin-118.0%-18.6%-28.8%+0.1%-69.8%-188.0%-11.4%+8.9%
Depreciation0.240.300.280.270.270.240.280.28
Interest0.140.120.110.120.120.150.140.15
Profit before tax(1.15)(1.12)(1.14)(0.16)(0.15)(0.99)(0.16)0.06
Tax0.04(0.01)0.010.020.030.040.040.01
Net profit(1.19)(1.11)(1.15)(0.18)(0.18)(1.03)(0.20)0.05
EPS (₹)(1.64)(1.32)(2.08)(0.34)(0.18)(1.87)(0.39)0.09
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1.471.611.911.961.961.461.71
Revenue growth-8.7%-15.7%-2.6%0.0%+34.3%-14.6%-
EBITDA(0.17)0.020.22(3.60)(8.72)(1.03)(0.83)
EBITDA margin-11.6%+1.2%+11.5%-183.7%-444.9%-70.6%-48.5%
Profit before tax0.720.981.51(3.28)(8.08)0.03(0.49)
Net profit0.000.290.440.650.88(0.01)(0.71)
Net profit margin0.0%+18.0%+23.0%+33.2%+44.9%-0.7%-41.5%
EPS (₹)1.001.542.76(6.11)(14.20)0.00(0.64)
Balance sheet
Total assets44.0137.6336.5335.4139.0947.1346.88
Net worth41.2234.7534.1232.6235.9743.7343.72
Total debt2.132.232.082.752.863.142.89
Cash & bank5.850.420.380.250.050.130.04
Net working capital4.20(1.04)(0.43)(0.71)(0.58)(0.61)1.32
Cash flow
Cash from operations0.061.000.530.58(0.31)0.371.10
Cash from investing(0.21)(1.10)0.16(0.36)0.43(0.57)0.47
Cash from financing5.580.15(0.56)(0.02)(0.20)0.30(1.97)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.130.360.360.370.380.320.340.43
Revenue growth (YoY)-65.8%+12.5%+5.9%-14.0%-25.5%---
Other income0.310.200.320.200.450.360.340.26
Total expenses0.400.450.460.380.350.480.360.39
EBITDA(0.27)(0.09)(0.10)(0.01)0.03(0.16)(0.02)0.04
Depreciation0.060.070.070.060.060.060.060.06
Interest0.000.000.010.000.000.000.000.00
Profit before tax(0.02)0.040.140.130.420.140.260.24
Tax0.02(0.02)0.01(0.01)0.010.010.020.01

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1.024.653.867.651.070.551.902.80
Revenue growth (YoY)-4.7%+745.5%+103.2%+173.2%-71.2%---
Other income0.280.150.340.220.910.340.470.25
EBITDA(1.05)(0.85)(1.09)0.01(0.67)(0.94)(0.21)0.24
EBITDA margin-118.0%-18.6%-28.8%+0.1%-69.8%-188.0%-11.4%+8.9%
Depreciation0.240.300.280.270.270.240.280.28
Interest0.140.120.110.120.120.150.140.15
Profit before tax(1.15)(1.12)(1.14)(0.16)(0.15)(0.99)(0.16)0.06
Tax0.04(0.01)0.010.020.030.040.040.01
Net profit(1.19)(1.11)(1.15)(0.18)(0.18)(1.03)(0.20)0.05
EPS (₹)(1.64)(1.32)(2.08)(0.34)(0.18)(1.87)(0.39)0.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue17.228.9612.3312.5213.097.409.38
Revenue growth+92.2%-27.3%-1.5%-4.4%+76.9%-21.1%-
Other income1.291.252.100.661.641.932.49
Total expenses19.809.6011.2815.5321.8510.7515.69
Employee cost2.152.312.302.502.652.193.51
EBITDA(2.58)(0.64)1.05(3.01)(8.76)(3.35)(6.31)
EBITDA margin-15.0%-7.1%+8.5%-24.0%-66.9%-45.3%-67.3%
Depreciation1.171.091.642.172.173.113.45
Interest0.430.600.721.001.081.581.99
Profit before tax(2.89)(1.08)0.79(5.52)(10.37)(6.11)(9.26)
Tax0.040.190.02(0.10)(0.22)0.05(0.65)
Net profit(2.82)(1.50)0.23(1.15)(1.16)(5.64)(8.13)
Net profit margin-16.4%-16.7%+1.9%-9.2%-8.9%-76.2%-86.7%
EPS (₹)(3.44)(1.68)1.79(9.25)(17.94)(10.23)(14.23)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.265.465.465.465.465.465.46
Reserves & surplus7.60(8.27)(7.35)(8.30)(3.24)6.5612.12
Shareholders' funds (net worth)14.86(2.81)(1.89)(2.84)2.2212.0217.58
Minority interest(5.03)(6.03)(5.68)(5.52)(5.15)(4.80)(4.23)
Secured loans6.938.058.599.9411.2715.9016.22
Unsecured loans0.210.310.521.211.922.092.97
Total debt7.148.369.1111.1513.1917.9919.19
Total liabilities18.040.602.333.3011.2826.1732.90
Assets
Gross block24.6224.0024.3928.8929.6130.6730.21
Net block9.349.6410.7513.1215.3717.7220.19
Capital work in progress0.000.000.000.000.000.020.13
Investments5.156.304.693.954.039.4310.07
Inventories1.721.001.181.611.780.621.11
Sundry debtors1.541.391.551.901.581.491.01
Cash & bank balances6.971.040.930.400.190.840.47
Loans & advances3.732.663.723.774.393.845.27
Total current assets13.966.097.387.687.946.797.86
Total current liabilities10.3722.1221.5222.0316.397.926.30
Net working capital3.59(16.03)(14.14)(14.35)(8.45)(1.13)1.56
Total assets18.040.602.333.3011.2826.1732.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.590.930.400.190.710.341.89
Net cash from operating activities0.221.862.501.987.03(0.21)(0.12)
Net cash from investing activities1.55(1.05)0.120.53(2.05)1.995.89
Net cash from financing activities4.12(1.15)(2.09)(2.30)(5.50)(1.41)(7.32)
Net change in cash5.89(0.34)0.530.20(0.52)0.37(1.55)
Closing cash6.971.040.930.400.190.840.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+92.2%-27.3%-1.5%-4.4%+76.9%-21.1%-
EBITDA growth-303.1%-161.0%+134.9%+65.6%-161.5%+46.9%-
PBT growth-167.6%-+9998.0%+46.8%-69.7%+34.0%+31.3%
Net income growth-88.0%-752.2%+120.0%+0.9%+79.4%+30.6%-
Revenue CAGR (3Y)+11.2%-11.9%+18.6%+10.1%-18.5%-20.2%+48.4%
EBITDA CAGR (3Y)-5.0%-58.2%--21.9%-1.3%-33.2%+4.6%
Profitability & leverage
Net income margin-17.0%-14.2%+6.2%-43.3%-77.5%-83.2%-91.8%
Return on capital employed-19.0%0.0%+5.9%0.0%0.0%-13.3%-17.1%
Return on net worth-54.6%0.0%+2.1%0.0%0.0%-41.6%-40.1%
Debt / equity1.290.000.000.002.191.260.97
Long-term debt / equity0.060.000.000.001.290.740.41
Interest cover-11.47-34.68-122.03-19.31-9.88-24.46-20.39
Efficiency & per share
Fixed asset turnover0.710.370.460.430.430.240.31
Inventory turnover12.668.228.847.3910.918.555.06
Debtors turnover11.756.107.157.208.535.927.60
EPS (₹)(3.44)(1.68)1.79(9.25)(17.94)(10.23)(14.23)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)20.46(5.14)(3.46)(5.20)4.0722.0132.20
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.130.360.360.370.380.320.340.43
Revenue growth (YoY)-65.8%+12.5%+5.9%-14.0%-25.5%---
Other income0.310.200.320.200.450.360.340.26
Total expenses0.400.450.460.380.350.480.360.39
EBITDA(0.27)(0.09)(0.10)(0.01)0.03(0.16)(0.02)0.04
Depreciation0.060.070.070.060.060.060.060.06
Interest0.000.000.010.000.000.000.000.00
Profit before tax(0.02)0.040.140.130.420.140.260.24
Tax0.02(0.02)0.01(0.01)0.010.010.020.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1.471.611.911.961.961.461.71
Revenue growth-8.7%-15.7%-2.6%0.0%+34.3%-14.6%-
Other income1.171.211.630.741.151.751.49
Total expenses1.641.591.695.5610.682.492.54
Employee cost1.231.201.181.041.140.951.37
EBITDA(0.17)0.020.22(3.60)(8.72)(1.03)(0.83)
EBITDA margin-11.6%+1.2%+11.5%-183.7%-444.9%-70.6%-48.5%
Depreciation0.260.250.340.420.510.650.92
Interest0.020.000.000.000.000.040.23
Profit before tax0.720.981.51(3.28)(8.08)0.03(0.49)
Tax0.000.140.000.04(0.32)0.02(0.14)
Net profit0.000.290.440.650.88(0.01)(0.71)
Net profit margin0.0%+18.0%+23.0%+33.2%+44.9%-0.7%-41.5%
EPS (₹)1.001.542.76(6.11)(14.20)0.00(0.64)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.265.465.465.465.465.465.46
Reserves & surplus33.9629.2928.6627.1630.5138.2738.26
Shareholders' funds (net worth)41.2234.7534.1232.6235.9743.7343.72
Secured loans1.921.921.982.542.562.762.45
Unsecured loans0.210.310.100.210.300.380.44
Total debt2.132.232.082.752.863.142.89
Total liabilities--36.5335.4139.0947.1346.88
Assets
Gross block6.496.576.628.098.188.3710.74
Net block3.183.383.313.854.284.875.53
Capital work in progress0.000.000.000.000.000.020.02
Investments36.7435.1533.2231.8635.1042.8840.02
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.280.330.190.160.100.120.23
Cash & bank balances5.850.420.380.250.050.130.04
Loans & advances0.320.240.760.950.921.503.25
Total current assets6.450.991.331.361.071.753.52
Total current liabilities2.252.031.762.071.652.362.20
Net working capital4.20(1.04)(0.43)(0.71)(0.58)(0.61)1.32
Total assets44.0137.6336.5335.4139.0947.1346.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.420.380.250.050.130.030.44
Net cash from operating activities0.061.000.530.58(0.31)0.371.10
Net cash from investing activities(0.21)(1.10)0.16(0.36)0.43(0.57)0.47
Net cash from financing activities5.580.15(0.56)(0.02)(0.20)0.30(1.97)
Net change in cash5.430.040.130.20(0.08)0.10(0.41)
Closing cash5.850.420.380.250.050.130.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-8.7%-15.7%-2.6%0.0%+34.3%-14.6%-
EBITDA growth-950.0%-90.9%+106.1%+58.7%-746.6%-24.1%-
PBT growth-26.5%-35.1%+9998.0%+59.4%-+9998.0%+84.3%
Net income growth-100.0%-34.1%-32.3%-26.1%+8900.0%+98.6%-
Revenue CAGR (3Y)-9.1%-6.4%+9.4%+4.7%+4.3%-5.0%-10.6%
EBITDA CAGR (3Y)-63.9%--+63.1%+41.8%-40.7%-41.7%
Profitability & leverage
Net income margin+49.0%+52.2%+79.1%-169.4%-395.9%+0.7%-20.5%
Return on capital employed+0.1%+1.4%+1.2%+1.7%+1.3%+0.0%-1.3%
Return on net worth+0.0%+0.8%+1.3%+1.8%+2.2%-0.1%-1.6%
Debt / equity0.060.060.070.080.080.070.08
Long-term debt / equity0.000.030.070.080.070.060.02
Interest cover-4.650.000.000.000.00-2.38-13.14
Efficiency & per share
Fixed asset turnover0.230.240.260.240.240.150.16
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.826.1910.9115.0817.828.347.28
EPS (₹)1.001.542.76(6.11)(14.20)0.00(0.64)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)56.7663.6362.4759.7365.8680.0680.05

To see the full year-wise statements and ratios of Span Divergent Limited, buy the company report.

Board of directors of Span Divergent Limited

Span Divergent has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shefali Pranav DesaiDirector04 Aug 20224 Years 2 MonthsCurrent
Sanjay Natwarlal Mehta
Also directs: Akkad Mehta & Co LLP, Meera Industries Limited, Neogen Ionics Limited and 1 more
Director21 Aug 200422 Years 2 MonthsCurrent
Viral Pradipkumar Desai
Also directs: Span Diagnostics LLP, Aranya Agri Biotech LLP, Biospan Scientific LLP and 3 more
Managing Director01 Jul 200323 Years 3 MonthsCurrent
Paras Desai
Also directs: Aranya Agri Biotech LLP, Biospan Scientific LLP, Biospan Contamination Control Solutions Private Limited
Whole-Time Director10 Nov 20205 Years 11 MonthsCurrent
Dharmesh Vinodbhai Desai
Also directs: Meera Industries Limited, Science Engineering & Technological Upliftment Foundation
Additional Director10 Nov 20250 Years 11 MonthsCurrent
Jigneshkumar Rameshchandra Desai
Also directs: Valuable Eventures LLP, NJ Global Financial Services Ifsc Private Limited, NJ Trustee Private Limited and 5 more
Director01 Jan 20242 Years 9 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Span Divergent Limited is audited by Y. B. Desai & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Y. B. Desai & AssociatesFY 2023102368W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 48.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 51.90%.

Promoters: 48.10%Retail & Others: 51.90%
Sep 2026
QUARTER
48.10% Promoters
51.90% Retail & Others
Promoter holding - history
Now 48.10% · Sep 2026High 64.00% · Dec 2025Low 48.10% · Jun 2026
47%51.5%56%60.5%65%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 64.00%Mar 2026: 64.00%Jun 2026: 48.10%Sep 2026: 48.10%64.00%48.10%48.10%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters48.10%48.10%64.00%64.00%
Public51.90%51.90%36.00%36.00%

Charges & borrowings

Open charges
₹9.82 Cr
Satisfied charges
₹202.33 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Others₹4.82 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 May 2026101294371Hdfc Bank Limited₹5 CrOpen
08 Mar 2018100159655Others₹4.82 CrOpen
07 Mar 2023100691871Others₹4.6 CrSatisfied
24 Aug 2020100366710Sidbi₹1.57 CrSatisfied
19 Jan 2018100152306Others₹4.3 CrSatisfied

To see the full charge records of Span Divergent Limited, buy the company report.

Total charge records: 21 View all charges

Deals & funding

Span Divergent Limited has 14 deals on record (13 market trades, 1 buyback); the latest was in March 2022.

Total deals
14
Market trades
13
Buyback
1

Deals on record (5 of 14)

WhenDealAmountParties
Mar 2022Market trade₹23.7 LakhBuyer: an individual
Seller: Span Finstock Pvt Ltd
Sep 2019Market trade₹14.3 LakhBuyer: an individual
Seller: an individual
Aug 2019Market trade₹19.7 LakhBuyer: an individual
Seller: an individual
Oct 2017Market trade₹83.9 LakhBuyer: an individual
Seller: an individual
Jul 2015Market trade₹44.5 LakhBuyer: Rajasthan Global Securities Private Limited

To see the full deal history of Span Divergent Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Span Divergent Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Span Divergent has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Biospan Contamination Control Solutions Private LimitedU51909GJ2017PTC099131

To see the full group structure of Span Divergent Limited, buy the company report.

Employees & EPFO

Span Divergent Limited has a workforce of 6 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1

GST

Span Divergent has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
24AADCS3977Q1ZMGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Span Divergent Limited, buy the company report.

Recent activity

Span Divergent Limited has 41 board changes on record since 1980: 24 appointments and 17 cessations. The latest: Dharmesh Vinodbhai Desai was appointed as Additional Director on 10 Nov 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101294371 was registered on 15 May 2026.
Charges
A charge registered on 07 Mar 2023 via Charge ID 100691871 with Others was fully satisfied on 02 May 2026.
Filing
Span Divergent Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Dharmesh Vinodbhai Desai was appointed as Additional Director.
Ceased
Nirav Dineshchandra Jogani ceased to be Director.
Ceased
Pradipkumar Keshavlal Desai ceased to be Director.
AGM
Span Divergent Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 4.60 Cr registered on 07 Mar 2023 with Charge ID 100691871 was modified on 29 Jul 2024.
Charges
A charge with Others of Rs. 4.82 Cr registered on 08 Mar 2018 with Charge ID 100159655 was modified on 27 May 2024.
Ceased
Kamlesh Maganlal Patel ceased to be Director.
Ceased
Needamangalam Gopalaswami ceased to be Director.
Ceased
Shyamal Ghosh ceased to be Director.

84 earlier events are in the company report.

News

Span Divergent to announce Quarterly Result
02 Feb 2025 · India Infoline

Frequently asked questions

Span Divergent is an active public limited company based in Surat, Gujarat, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 31 March 1980 (46+ years old) and is registered under CIN L74999GJ1980PLC003710. Listed on BSE: 524727.

Span Divergent reported revenue of ₹17.22 Cr for FY 2025-26 (up 92.2% YoY) based on consolidated financials.

Span Divergent has 7 current directors:

The latest financial statements of Span Divergent on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Span Divergent is 24AADCS3977Q1ZM, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Span Divergent is L74999GJ1980PLC003710. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Span Divergent is a listed company as per MCA records. Its shares are listed on BSE (code: 524727).

Span Divergent has 30 court cases on record: 21 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.

Span Divergent was incorporated on 31 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Span Divergent has 14 deals on record (13 market trades, 1 buyback); the latest was in March 2022.