Board Meeting Details
The Board meeting was held on 12 August 2026 at the company's registered office in Delhi. The meeting commenced at 3:00 PM and concluded at 3:30 PM.
Key Matters Approved
1. Approval of Financial Results
The Board considered and approved the standalone unaudited financial results of the Company for the quarter ended 30 June 2026. The results were reviewed by the Audit Committee and accompanied by a Limited Review Report issued by the statutory auditors, M/s H D Gupta & Associates LLP.
Financial Highlights (Quarter ended 30 June 2026 vs 30 June 2025):
- Revenue from operations: ₹92.44 lakh (vs ₹20.71 lakh YoY)
- Other Income: ₹4.86 lakh (vs ₹27.52 lakh YoY)
- Total Income: ₹97.30 lakh (vs ₹48.23 lakh YoY)
- Employee benefits expenses: ₹38.73 lakh (vs ₹23.57 lakh YoY)
- Depreciation & Amortization: ₹2.32 lakh (vs not disclosed YoY)
- Other Expenses: ₹43.27 lakh (vs ₹28.82 lakh YoY)
- Total Expenses: ₹84.32 lakh (vs ₹52.69 lakh YoY)
- Profit/(Loss) before tax: ₹12.98 lakh profit (vs ₹4.46 lakh loss YoY)
- Net Profit/(Loss) for the period: ₹12.98 lakh profit (vs ₹4.46 lakh loss YoY)
- Basic EPS: ₹0.21 (vs ₹(0.07) YoY)
- Diluted EPS: ₹0.21 (vs ₹(0.07) YoY)
- Paid-Up Share Capital: ₹632.11 lakh (unchanged)
- Other Equity: ₹1,800.56 lakh (as of 31 March 2026)
Comparative Annual Figures (Year ended 31 March 2026 vs 31 March 2025):
- Net Profit/(Loss): ₹(436.40) lakh loss (vs ₹330.90 lakh profit)
- Basic EPS: ₹(6.90) (vs ₹5.23)
2. Revision in Remuneration of Managing Director and Whole Time Director(s)
Pursuant to approval granted by the Nomination and Remuneration Committee (NRC) at its meeting held on 12 August 2026 at 11:00 AM, the Board approved an increase in remuneration for the Managing Director and Whole Time Director(s) to ₹1.68 crore per annum. The approval was based on deliberations regarding responsibilities, performance benchmarks, and prevailing industry standards.
Key Conditions:
- The company incurred a loss in the latest audited financial year (FY 2025-26)
- In compliance with Section 197 read with Schedule V of the Companies Act, 2013, the revised remuneration requires shareholder approval by Special Resolution at the upcoming Annual General Meeting
- The revised remuneration shall be effective from 1 September 2026, subject to shareholders' approval
3. Re-appointment of Internal Auditor for FY 2026-27
The Board approved the re-appointment of M/s Sunil Kulshreshtha & Associates, Chartered Accountants (FRN 084250), as Internal Auditors for the Financial Year 2026-27.
Internal Auditor Details:
- Date of re-appointment: 12 August 2026
- Term: 1 year
- Profile: Specializes in assurance services, governance and risk management, internal control structures, and corporate policy architecture
- This reappointment is made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
4. Other Matters
The Board discussed other items with the permission of the Chair, but no material events requiring disclosure under Regulation 30 arose from these discussions.
Additional Information
The information is available on the company's website (www.gogiacap.com) and the stock exchange's website (www.bseindia.com).