Reappointment of Mr. Balram Padhiyar (DIN:01812132) as the Managing Director of the Company for a period of 5 years.
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Gallops Enterprise Limited held a board meeting on August 12, 2025, covering four key items. First, the board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025), with limited review conducted by S K Jha & Co. Second, Mr. Balram Bharatbhai Padhiyar (DIN: 01812132) was reappointed as Managing Director for another 5-year term effective June 25, 2025, subject to shareholder approval; he is already a director and husband of existing director Ms. Pooja Patel. Third, the Directors' Report for FY25 (ended March 31, 2025) was approved. Fourth, M/s. Alap & Co. LLP was appointed as Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30). Q1 revenue stood at approximately ₹519 lakhs with a profit before tax of around ₹11.56 lakhs and EPS of ₹0.19.
This is a routine governance update with no major disruption — the existing MD gets continuity, and a new secretarial auditor brings in fresh compliance oversight. The Q1 numbers suggest modest profitability with single-digit margins, indicating no dramatic change in business performance for shareholders.