Revised AGM outcome filed under CIRP; FY26 accounts adopted

Board & Shareholder Meetings View source PDF Explain this filing

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The 37th AGM of Gangotri Textiles was held on 21 August 2026 via video conferencing, chaired by Interim Resolution Professional G. Gunasekaran after NCLT admitted the company into CIRP on 7 August 2026. Board suspended. 34 shareholders attended. FY 2025-26 accounts, Directors Report and Auditors Report approved. Filing delayed due to network and power issues at registered office.

Likely market impact

Stock under insolvency resolution. FY26 accounts adopted under IRP oversight. Shareholders face uncertainty on resolution outcome and possible equity dilution.