Groarc Industries India Ltd

Groarc Industries India Limited closes trading window from 15 October 2026 until 48 hours after the announcement of the unaudited financial results for the quarter ended 30 September 2026

Acquirer and target

• Target TC: Groarc Industries India Limited.
• Acquirer: Chandran Ganesan; PACs: none.
• Acquirer not in promoter/promoter group.
• Stock exchange: BSE Limited.

Pre-acquisition holdings

• Voting rights pre-acquisition: NIL.
• Encumbrances pre-acquisition: NIL.
• VRs other than equity: NIL.
• Warrants/convertible pre-acquisition: NIL.
• Total pre-acquisition: NIL.

Acquisition and post-holding

• Shares acquired: 8,68,421 (4.24%).
• Mode: Off Market.
• Salient features: Equity shares rank pari passu.
• Date: 31-08-2026.
• Equity capital before: 2,04,66,529 shares (Rs 10).
• Equity capital after: 2,04,66,529 shares (Rs 10).
• Total diluted post-acquisition: 2,04,66,529 shares.
• Post-acquisition voting rights: 8,68,421 (4.24%).

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved.
• Revenue from operations ₹2,104.59 lakh; other income ₹9.21 lakh.
• Total revenue ₹2,113.80 lakh; total expenses ₹2,119.40 lakh.
• Net profit after tax: ₹-5.59 lakh; EPS: -0.03.
• Board approved results along with Limited Review Report under Regulation 33.

Regulatory & governance disclosures

• Board meeting held on 6 August 2026; duration 4:00 PM to 7:00 PM.
• Limited Review Report by Venkat and Rangaa LLP; no audit opinion expressed.
• Notes include IND AS adoption from 2017 and related reconciliations.
• No director or auditor changes disclosed.

AGM details

• AGM held on 18 July 2026 at 02:30 PM IST via VC/OAVM.
• Quorum met; 26,677 shareholders on cut-off; 55 attendees via VC.

Resolutions

• Adopt audited financial statements for FY ended 31 March 2026 (ordinary).
• Re-appoint Vijayaraj Jain Heerachand Jain by rotation (ordinary).
• Re-appoint Chandran Ganesan as Whole Time Director for 3 years (special).
• Re-appoint Tirukkurungudi Seshadri Srinivasan as Independent Director for 5 years (special).
• All resolutions were passed.

Dematerialisation processing and status

• Dematerialisation requests were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where previously issued securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within prescribed time limit.

Meeting Details

• Board meeting scheduled for 21 April 2026 at 4:00 pm.
• Location: registered office of the company, Chennai.

Key Agenda Items

• Consideration and approval of re-appointment of a director.

Other Notes

• No additional material investor-relevant items were disclosed in this chunk.