Gyan Developers & Builders Ltd

Key details

• Target Company: Gyan Developers & Builders Limited.
• Disclosing Party: Arham Global Consulting Private Limited; not part of promoter/promoter group.
• Transaction Type: Acquisition of voting rights (off-market).
• Pre-Transaction Holding: 2,85,400 shares (9.5%); encumbrances NIL.
• Transaction Details: 2,95,000 voting rights acquired (9.83%); mode: Off Market; instrument: Equity shares.
• Post-Transaction Holding: 5,80,400 voting rights (19.34%); encumbrances NIL.
• Date of Transaction: 18-08-2026.
• Share Capital Context: Before/after equity capital Rs 30,000,000 (30,00,000 shares).
• Total diluted share/voting capital after transaction: Rs 30,000,000.

Annual Report access and AGM details

• AR and AGM notice for FY2025-26 sent to shareholders lacking registered email addresses; web link provided.
• 34th AGM scheduled for Sep 11, 2026 at 12:30 PM IST via VC/OAVM.
• Exemption granted by MCA and SEBI from sending physical AR and AGM notices.
• AR available at www.gyandevelopers.in/admin/uploads/pdf/Annual-Report-2026.pdf.
• Please update email addresses to receive future communications from Company/RTA.
• Notice includes Financial Statements, Board's Report, Auditor's Report.

Key details

• Target Company: Gyan Developers & Builders Ltd.
• Disclosing Party: T Ashok Raj HUF (Promoter group).
• Acquirer: Arham Global Consulting Pvt. Ltd. (non-promoter).
• Transaction Type: Disposal of equity shares via off-market sale.
• Pre-Transaction Holding: 2,95,000 shares, 9.83%, encumbrances: none.
• Transaction Details: 2,95,000 shares sold (9.83%), off-market, 18.08.2026.
• Post-Transaction Holding: Not disclosed.
• Date of Transaction: 18.08.2026.
• Share Capital Context: Rs 3,00,00,000 before and after; 30,00,000 equity shares.

Financial performance

• Total revenue 15,500.00 (Rs in 00's) for FY2025-26.
• Total expenditure 19,941.00.
• Profit before tax (4,441.00).
• Current year tax 0; previous year (4,593.00).
• Deferred tax 175.00.
• Profit after tax (23.00).
• Net loss for the year Rs 2,300.

Dividend & capital

• Dividend not recommended due to loss.

Capital structure

• Authorised share capital Rs 5 crore; paid-up capital Rs 3 crore; no change.
• During the year no new shares issued; no buybacks.

Subsidiaries & operations

• No subsidiary, joint venture, or associate as on 31.03.2026.
• Main activity: buying/selling vacant land; no change.

Governance changes

• Independent Director Dalel Rathore appointed 31.03.2026 for five years.
• Board composition reconstituted with independence per Companies Act 2013.

Audit & internal controls

• Statutory auditors GC Daga & Co re-appointed for five years.
• Secretarial audit flagged website non-compliance and governance gaps.
• Internal Auditor not appointed for 2025-26.
• Penalty paid for belated shareholding pattern submission.

Related party transactions

• Related-party: MD expense reimbursement Rs 1,014; Sumitha Rs 13,000 security deposit.
• Closing balances with related parties include T. Ashok Raj 6186.09 DR; Sumitha 33,000 DR.

Outlook & risks

• Outlook: Chennai real estate stabilizing; infrastructure projects support demand.
• Risks: regulatory changes, liquidity, workforce shortages, material costs, market volatility.

Governance disclosures

• Corporate Governance report not provided due to threshold.

AGM Details

• AGM: 11 September 2026, 12:30 PM IST, via VC/OAVM
• Voting cut-off: 4 September 2026
• E-voting: 8 Sep 2026 09:00 to 10 Sep 2026 17:00
• E-voting provided by CDSL

Resolutions

• Ordinary: adopt Audited Financial Statements for 2025-26
• Ordinary: re-appoint Sunita Raj by rotation
• Ordinary: appoint Dalel Singh Rathore as Independent Director for 5 years

Dividend

• Dividend not proposed due to loss

Director Changes

• Dalel Singh Rathore appointed Independent Director for 5 years from 31.03.2026
• Ms. Sunita Raj to retire by rotation and be re-appointed

Auditors

• Statutory Auditors GC Daga & Co continue; five-year term confirmed

Material Related Party Transactions

• MD T. Ashok Raj reimbursed expenses (31.03.2026: 1,014; 31.03.2025: 531)
• Director A. Sumita: security deposits paid (31.03.2026: 13,000; 31.03.2025: 6,000)
• Closing balances: T. Ashok Raj 6,186.09 DR; A. Sumita 33,000 DR (as of 31.03.2026)

Other Material Approvals

• Board/Committee re-constituted; Independent Director appointed; compliance improvements noted
• Secretarial audit completed; Annexures A, B, C attached

Target and acquirer

• Target: Gyan Developers & Builders Limited (BSE listed).
• Acquirer: Arham Global Consulting Private Limited; PACs not disclosed.

Promoter status

• Acquirer is not part of promoter/promoter group.

Listing and pre-acquisition

• Stock exchange: BSE Limited.
• Pre-acquisition holding: NIL in all categories.

Acquisition details

• Post-acquisition holding: 2,85,400 shares (9.51%).
• Mode: Off Market.
• Date: 05-08-2026.
• Price: Rs 55.08 per share.

Capital structure

• Equity capital before/after: Rs 3,00,00,000, 30,00,000 shares.
• No change in voting capital.

Encumbrances and warrants

• Encumbrances post-acquisition: NIL.
• Warrants/convertibles: NIL.

Key disclosure details

• Target Company: Gyan Developers & Builders Ltd.
• Acquirer: Arham Global Consulting Pvt. Ltd. (Not Promoter).
• Sellers: Promoters Mahendar Raj, Kamala Devi, Tarachand Jain.
• Transaction: Off-market disposal of 2,85,400 equity shares on 05.08.2026.
• Pre-sale voting rights: Raj 76,298 (2.54%), Devi 1,02,200 (3.41%), Jain 1,07,200 (3.57%).
• Total pre-holding: 2,85,698 shares (9.52%).
• Post-sale holding: 298 shares (0.01%).
• Post-sale total: 298 shares (0.01%).
• Mode: Off-market transfer.
• Share capital before/after: Rs 3,00,00,000; no change.
• Date of transaction: 05.08.2026.

Auditor report format update

• Revised Standalone Auditor's Report submitted in SEBI format; audit results unchanged.

Key financials

• Net loss after tax for Q1 FY2026-27: Rs 570 thousand.
• EPS (basic/diluted) for the quarter: Rs -0.19.
• Shareholders' funds: Rs 47,048 thousand.
• Total assets: Rs 47,138 thousand.
• Cash and cash equivalents at quarter end: Rs 1,160 thousand.
• Net cash from operating activities: Rs 2,057 thousand.
• Board approved results on 15 July 2026.
• Audit status: limited review by statutory auditors; results reviewed by Audit Committee.
• Company operates only one segment.