1. Reappointment of Mr. Akshaya Poddar, Chartered Accountant as an Internal Auditor of the Company for the F.Y. 2026-27 2. Reappointment of M/s. Shiv Hari Jalan, proprietor of M/s. Shiv ....
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GSL Securities Ltd held its Board meeting on May 8, 2026 and approved audited financial results for FY 2025-26. The company reported a net loss of Rs. 31.38 Lakhs, higher than the previous year's loss of Rs. 16.46 Lakhs. Total income stood at Rs. 5.59 Lakhs against total expenses of Rs. 36.95 Lakhs. The company raised Rs. 4.25 Crore through a preferential issue, with Rs. 3.83 Crore utilized for working capital and Rs. 42.54 Lakh for general corporate purposes. Cash equivalents increased significantly to Rs. 382.65 Lakhs from Rs. 5.30 Lakhs. The Board re-appointed Mr. Akshaya Poddar as Internal Auditor and M/s. Shiv Hari Jalan & Co. as Secretarial Auditors for FY 2026-27. Statutory auditors M/s. VRSK & Co. LLP issued an unmodified opinion on the financial statements.
The company continues to incur losses with widened losses year-on-year, indicating operational challenges. The preferential issue has strengthened the cash position substantially. Routine auditor re-appointments suggest continuity in governance without any red flags.