Galada Power & Telecommunication Ltd

Financial results

• Board approved unaudited financial results (reviewed) for quarter ended 30 June 2026.

Regulatory/compliance

• No material events to report under Regulation 30 of LODR for quarter ended 30 June 2026.

Financials & audit notes

• Un-audited results for quarter ended 30 June 2026 reviewed.
• Emphasis of matter: going concern noted by auditors.
• PAT Rs 1,276.00 lakhs; PBT Rs 1,224.00 lakhs; EPS Rs 13.81.
• Equity share capital Rs 886.32 lakhs; prior Rs 885.32 lakhs.
• Board authorized Ms. K Ramalakshmi to sign results; upload to BSE and publish.
• Revival of manufacturing facilities; Silvassa land sale; plan fully implemented per NCLT.
• No segment reporting; company is exclusively engaged in conductors.
• Auditors' report: Limited Review; no adverse remarks; unmodified.

Promoter lock-in

• Promoters' shareholding remains under lock-in until 31 December 2026.

Financial results

• Audited financial results for quarter/year ended 31 March 2026 were approved and filed.
• Results were for the company's audited quarter and year ended 31 March 2026.

Material disclosures

• The company stated no material events were reported under Regulation 30 for the quarter/year ended 31 March 2026.

Financial results

• 📊 Standalone audited results for quarter and year ended 31 March 2026.
• 📊 Revenue from operations was nil; total revenue was nil.
• 📊 Profit before tax was ₹34 lakh for the year.
• 📊 Profit after tax was ₹34 lakh for the year.
• 📊 Quarterly PAT was ₹11 lakh loss versus ₹16 lakh loss last year.
• 📊 EPS was ₹0.39 for the year and negative ₹0.12 quarterly.
• 📊 Exceptional item was a ₹54 lakh profit on sale of fixed assets.
• 📊 Total expenses were ₹1,218 lakh, led by ₹1,309 lakh other expenses and ₹143 lakh depreciation.

Balance sheet and cash

• 📊 Total assets were ₹694 lakh at 31 March 2026.
• 📊 Equity was ₹886 lakh, with negative other equity of ₹2,680 lakh.
• 📊 Current borrowings were ₹2,463 lakh; non-current borrowings were nil.
• 📊 Cash and cash equivalents were ₹38 lakh at year-end.
• 📊 Net cash from operating activities was ₹1,112 lakh.
• 📊 Net cash used in investing activities was ₹1,563 lakh, mainly fixed asset purchases and sale proceeds.
• 📊 Net cash used in financing activities was ₹28 lakh, driven by borrowings repayment.

Operations and revival

• 🗒️ NCLT approved the resolution plan on 25 May 2023; final order was received on 10 September 2024.
• 🗒️ The company is reviving and revamping manufacturing facilities.
• 🗒️ Land and buildings at Silvassa were sold to partly finance the revamp.
• 🗒️ Most redundant plant and equipment were disposed of or written off during the second quarter.
• 🗒️ Remaining equipment is classified as held for sale at book value.
• 🗒️ Management prepared accounts on a going-concern basis despite no operations and negative net worth.

Audit and governance

• 📍 The auditors issued an unmodified report with no adverse remarks.
• 📍 The board approved the audited results on 9 May 2026.
• 📍 Ms. K Ramalakshmi was authorized to sign the results on behalf of the board.

Business model

• 🗒️ The company is exclusively engaged in manufacturing conductors and related products.
• 🗒️ No segment reporting was required for the period.

Meeting Details

• Board meeting scheduled for 09.05.26.

Key Agenda Items

• Approve audited financial results for year ended 31 March 2026.

Other Notes

Increase in Authorised Share Capital

• Ordinary resolution passed to increase authorised share capital to Rs. 11.75 crore
• Authorised capital changed to 1,17,50,000 equity shares of Rs. 10 each only
• Existing preference shares of Rs. 11 crore converted to equity shares
• Memorandum of Association altered to reflect new authorised share capital
• Board authorized to file necessary forms and complete formalities

Alteration of Articles of Association

• Special resolution passed to amend Article 3 of Articles of Association
• Article 3 updated to align authorised share capital with Memorandum of Association
• Board authorized to execute all necessary filings and documents

Purpose of EGM

• Increase in authorised share capital and consequent alteration of Memorandum of Association
• Alteration of Articles of Association of the company

Summary of Resolutions

• Resolution 1: Special resolution to increase authorised share capital and alter Memorandum
• Resolution 2: Special resolution to alter Articles of Association

Voting Outcome

• Resolution 1 approved with 100% votes in favour (84,21,018 votes)
• Resolution 2 approved with 100% votes in favour (84,21,018 votes)