GTN Industries Ltd

Financials

• Revenue from operations: 4,438; total income: 4,448 for quarter ended 30 Jun 2026.
• Total expenses: 4,543; PBT before exceptional items: -95; PAT: -89.
• EPS (basic & diluted): -0.51.
• GST ITC write-off Rs 400 lakhs included in cost of materials consumed.
• Board-approved unaudited results; board meeting on 12 Aug 2026.
• Limited review by Lodha & Co LLP.
• Figures for quarter ended March 31, 2026 are balancing figures.
• Single textile product segment; no segment reporting provided.

Nagpur unit sale

• MOU to sell Nagpur unit to GTN Engineering for Rs 4,100 lakhs plus ~Rs 3,000 lakhs NCAs.
• Subject to shareholders' approval and definitive agreement.
• Consideration linked to net current assets as of 30 September 2026.

Key disclosures

• Approved unaudited Q1 FY2026 results for quarter ended 30 June 2026.
• Q1 2026: Revenue from operations Rs 44.38 crore; PAT Rs -0.89 crore.
• Limited Review Report on Q1 results issued by Statutory Auditors.
• MOU with GTN Engineering (India) Ltd to sell Nagpur unit as going concern.
• Upfront sale consideration Rs 41.0 crore plus net current assets about Rs 30.0 crore.
• Subject to shareholders' approval and execution of definitive Business Transfer Agreement.
• Proposed transfer date for net current assets: 30 September 2026.
• GST ITC write-off Rs 400 lakhs included in cost of materials consumed.

Capital actions

• Allotment of 24,59,622 equity shares to non-promoter on preferential basis at Rs 24 per share, aggregate Rs 5,90,30,928
• Redemption of 5,90,000 NCRPS of Rs 100 each; aggregate Rs 5,90,00,000 funded from fresh issue proceeds
• Equity share allottees named in Annexure I

EGM Proceedings

• EGM held 06-07-2026, 11:00–11:45 at Chitkul Village, Patancheru Mandal; proceedings attached.

EGM details

• EGM held on 06-07-2026 at 11:00 AM and concluded at 11:45 AM at the registered office.
• Meeting location: Chitkul Village, Patancheru Mandal, Sangareddy District, Telangana 502307.

Dematerialisation/rematerialisation status

• Details of securities dematerialised/rematerialised for quarter ended 30 June 2026 furnished by RTA to all exchanges.
• The securities dematerialised/rematerialised have been listed on the stock exchanges where previous issues were listed.
• Physical certificates dematerialised were mutilated and cancelled, with the depository named as registered owner within the prescribed timeline.