Intimation regarding Change in management.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GTV Engineering's board met on August 12, 2025 and approved several items. Q1 FY26 net sales came in at Rs. 1,650.22 lakhs, down from Rs. 2,239.39 lakhs in the preceding quarter and Rs. 3,268.03 lakhs in the same quarter last year. Profit after tax fell to Rs. 208.47 lakhs (EPS Rs. 6.67) from Rs. 429.79 lakhs in Q4 FY25. The board approved the reappointment of Mr. Rahul Gupta (DIN: 08938292) as Independent Director for a second 5-year term, effective August 28, 2025, subject to shareholder approval. M/s KMS & Associates was appointed as Secretarial Auditor for FY 2025-26 to FY 2029-30, and Mr. Virendra Rahul was appointed as Internal Auditor for FY 2025-26.
Sharp sequential decline in revenue and profits may weigh on short-term sentiment, though the year-on-year EPS improved. Governance-related changes (director reappointment and new auditors) are routine and unlikely to move the stock materially.