Sita Enterprises Limited, a non-banking financial company registered with the Reserve Bank of India, primarily engages in investment and financing activities in India. The company invests funds in shares, securities, mutual funds, other funds, properties, and units of venture capital funds; it also provides financing through loans, trade receivables, and advances, generating income from interest, dividends, and capital gains. Incorporated in 1982 and headquartered at 415-416, Arun Chambers, Tardeo Road, Mumbai, India, Sita Enterprises operates solely within the Indian market with a lean workforce of five employees, focusing on credit services and diversified financial instruments without accepting public deposits. In a major development, Jitendra Rasiklal Sanghavi acquired a controlling 71.76% stake through a share purchase agreement and open offer completed in 2025, including 70% from existing promoters such as Ashok Tulsyan HUF and others for approximately INR 190 million at INR 90 per share, plus an additional 1.76% for INR 4.9 million, marking a significant shift in promoter control following regulatory approvals from SEBI and RBI. The company continues to hold routine board meetings, such as the one scheduled for November 7, 2025, to approve unaudited financial results for the quarter and half-year ended September 30, 2025.