Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that the Board of Directors of our material subsidiary, GSV Ophthalmics ....
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Awaiting price reaction for this filing.
The Board of GKB Ophthalmics' material subsidiary, GSV Ophthalmics Private Limited, approved initiating voluntary liquidation under Section 59 of the Insolvency and Bankruptcy Code, 2016, subject to members' approval. GKB Ophthalmics shareholders had already cleared the move through a postal ballot on November 1, 2025. Mr. Manoj G. Nar, an IBBI-registered Insolvency Professional, has been named as the proposed Liquidator. The subsidiary will now be wound down in an orderly manner as planned.
Shareholders should expect GSV Ophthalmics to be deconsolidated, which may trim reported revenue and assets going forward. Because this is a planned voluntary liquidation rather than an insolvency admission, the financial hit should be contained and unlikely to cause a sharp negative reaction in the stock.