Key Financial Figures (Quarter Ended June 30, 2026)

  • Total Income: ₹0.00 lakh (compared to ₹0.70 lakh in Q1 FY26)
  • Total Expenses: ₹8.49 lakh (Employee benefits: ₹4.40 lakh, Other expenses: ₹4.09 lakh)
  • Loss from Ordinary Activities before tax: ₹(8.49) lakh (compared to ₹(6.98) lakh loss in Q1 FY26)
  • Tax Expense: ₹0.00 lakh (no provision made for current period)
  • Net Loss after tax: ₹(8.49) lakh
  • Other Comprehensive Income: ₹9.20 lakh
  • Total Comprehensive Income: ₹0.71 lakh
  • Basic and Diluted EPS: ₹(0.20) per share (Face Value: ₹10 each)
  • Paid-up Equity Share Capital: ₹427.51 lakh
  • Reserves: ₹548.86 lakh (excluding Revaluation Reserves)

Board Meeting Details

  • Meeting Date: July 29, 2026
  • Time: 3:50 PM to 4:40 PM
  • Location: 1/25 & 1/26, 1st Floor, Tardeo Airconditioned Market Society, Tardeo Road, Mumbai-400034

Board Approvals

1. Unaudited Financial Statements: Approved standalone unaudited financial results for quarter ended June 30, 2026, along with limited review report from statutory auditors V R S K & Co. LLP.

2. Director Report: Approved Director Report for year ended March 31, 2026.

3. Management Re-appointment: Approved re-appointment of Mr. Santkumar Bagrodia (DIN: 00246168) as Managing Director for one year from October 1, 2026 to September 30, 2027, subject to shareholder approval. Confirmed he is not debarred from directorship by SEBI or any authority.

4. Fund Utilization Certificate: Approved certificate of utilization of funds raised through preferential issue.

5. AGM Notice: Approved draft notice for convening Annual General Meeting.

6. AGM Details: Annual General Meeting scheduled for Monday, September 7, 2026 at 10:00 AM at Registered Office: 25 & 26, 1st Floor, A C Market Building, Tardeo, Mumbai-400034.

7. Scrutinizer Appointment: Appointed Mr. Shiv Hari Jalan, Proprietor of Shiv hari Jalan & Co, as Scrutinizer for Remote E-voting and voting during AGM.

8. Record Date: Cut-off date for determining voting eligibility set as Monday, August 31, 2026. Register of Members and Share Transfer Books to remain closed from September 1, 2026 to September 7, 2026 (both days inclusive).

Fund Utilization Details (Preferential Issue)

As per certificate from V R S K & Co. LLP dated July 29, 2026:

  • Total funds utilized till June 30, 2026: ₹4,25,41,650
  • Working Capital requirements: ₹3,82,87,485 (Bank account: ₹2,80,26,295)
  • General Corporate Purposes: ₹42,54,165 (Bank account: ₹14,06,457)

Additional Financial Information

  • Company operates in only one segment (financial activities)
  • No provision for Income Tax for current period (to be made at year-end)
  • Provision for Deferred Tax made on timing differences for depreciation on Fixed Assets
  • Previous period figures have been regrouped/rearranged where necessary

Documents Submitted

  • Annexure I: Unaudited Financial Statements with Limited Review Report
  • Annexure II: Details of Managing Director re-appointment
  • Annexure III: Certificate of fund utilization

Availability of Documents

Financial results and audit report available on company website (www.gslsecurities.com) and BSE website (www.bseindia.com).