G N A Axles Ltd

Key details

• Target Company: GNA Axles Limited
• Disclosing Party: Maninder Singh, Promoter Group
• Transaction Type: Disposal of shares
• Pre-Transaction Holding: 2,524,716 shares, 5.88% voting rights
• Date of sale: 10-11 Aug 2026; Intimation: 12 Aug 2026
• Post-Transaction Holding: 2,030,628 shares, 4.73% voting rights
• Share Capital Context: Before/after equity capital 42,930,800; diluted capital not disclosed

Target & party

• Target Company: GNA Axles Limited.
• Disclosing Party: Harjinder Kaur (Promoter Group).
• Transaction Type: Market Sale of voting rights.

Holding details

• Pre-Transaction Holding: 224,800 shares (0.52%).
• Post-Transaction Holding: 283,000 shares (0.66%).
• Share capital context: 507,800 shares total.

Transaction specifics

• Shares carried voting rights acquired/sold: 283,000.
• Mode: Market Sale; Date window: 07 August 2026 to 10 August 2026; Intimation: 12 August 2026.

Transaction details

• Target Company: GNA Axles Limited.
• Disclosing Party: Maninder Singh, promoter group.
• Transaction Type: Disposal of equity shares via market sale.
• Pre-Transaction Holding: 2,942,659 shares (6.85%).
• Transaction Details: Date of sale 04 Aug 2026; intimation 07 Aug 2026; instrument: equity; mode: market sale.
• Post-Transaction Holding: 417,943 shares (0.97%).
• Date(s) of Transaction: 04 Aug 2026; 07 Aug 2026.
• Share Capital Context: Before: 2,942,659 shares (6.85%); After: 417,943 shares (0.97%).

AGM details

• Held on 30 June 2026 from 12:30 PM to 1:56 PM via video conferencing.
• 57 members attended through VC; no proxies permitted under MCA Circular 14/2020.

Key resolutions

• Adoption of standalone and consolidated financials; reports adopted.
• Dividend on equity shares declared at Rs 3.00 per share.
• Reappointment of Jasvinder Singh as director liable to retire by rotation.
• Reappointment of Kulwin Seehra as director liable to retire by rotation.

Voting results

• All four resolutions passed with overwhelming majority; 51 votes against balance sheet item.

Directors

• Jasvinder Singh reappointed; Kulwin Seehra reappointed; both liable to retire by rotation.

Board action

• Board approved unaudited standalone and consolidated Q1 2026 results.
• Audit Committee reviewed the results prior to Board approval.
• Regulatory filings under SEBI LODR Regulations 30 and 33.
• Limited Review Report attached; no audit opinion expressed.

Key financial highlights

• Standalone: Revenue from operations Rs 47,043.8 lakhs; total income Rs 47,175.52 lakhs.
• Standalone PAT Rs 3,832.26 lakhs; Standalone Basic EPS Rs 8.93.
• Consolidated: Revenue from operations Rs 47,043.8 lakhs; PAT Rs 3,827.12 lakhs.
• Consolidated Basic EPS Rs 8.91.

Consolidation notes

• Consolidated results include GNA Axles Inc. (USA) and GNA Mobility Limited; some subsidiaries not reviewed.

Meeting Details

• Date: Thursday, July 16, 2026.
• Venue: Corporate Office, Mehtiana, Dist. Hoshiarpur, with video conferencing.

Key Agenda Items

• Consider unaudited standalone and consolidated financial results for Q1 ended 30 June 2026 for FY 2026-27.

Other Notes

• No other material items disclosed in this intimation.

AGM Details

• AGM held on 30 June 2026 via Audio Visual Means from 12:30 PM to 1:56 PM.
• Ranbir Singh chaired the meeting as Mr. Gursaran Singh was absent.

Ordinary Business

• Receive, consider and adopt standalone and consolidated audited financial statements for year ended 31 March 2026.
• Declare dividend on equity shares.
• Reappoint directors retiring by rotation: Jasvinder Singh.
• Reappoint directors retiring by rotation: Kulwin Seehra.

Governance & Voting

• Ms. Harsimran Kaur appointed Scrutinizer for e-voting.
• Voting results to be declared within 48 hours after AGM.
• E-voting facility available to attendees who have not voted earlier.

AGM details

• Date and time: 30 June 2026 at 12:30 PM.
• Mode: through Audio Visual means.

Key resolutions

• Resolution 1 (Ordinary): Adopt audited financial statements and reports.
• Resolution 2 (Ordinary): Declare dividend on equity shares.
• Resolution 3 (Ordinary): Reappoint Jasvinder Singh.
• Resolution 4 (Ordinary): Reappoint Kulwin Seehra.

Voting results

• Resolution 1 passed; 68 in favour, 2 against.
• Resolution 2 passed; 68 in favour, 2 against.
• Resolution 3 passed; 68 in favour, 2 against.
• Resolution 4 passed; 68 in favour, 2 against.

Dividend

• Dividend on equity shares approved; amount per share not disclosed.

Director changes

• Jasvinder Singh reappointed; retires by rotation.
• Kulwin Seehra reappointed; retires by rotation.