The Annual Report for FY 2024-25 was placed before the State Legislature on February 16, 2026, report on which appeared in The Times of India, Ahmedabad edition is attached.
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Awaiting price reaction for this filing.
Gujarat State Financial Corporation (GSFC) told BSE that its Annual Report for FY 2024-25 was placed before the Gujarat State Legislature on February 16, 2026, and that a related news item appeared in The Times of India, Ahmedabad edition on February 25, 2026. The clipping is being forwarded to the exchange under SEBI disclosure rules. As per the news report, GSFC's loss for FY 2024-25 rose about 5% to Rs 12,534 lakh versus Rs 11,920 lakh in the previous year, while total income fell nearly 25% to Rs 1,724.71 lakh. Accumulated losses carried forward increased 3.8% to around Rs 3,42,516 lakh. Staff strength dropped from 16 to 12 employees (effective 8 after deputations), reflecting the corporation's long-standing focus only on loan recovery after it stopped fresh lending in FY 2001-02.
This is a routine regulatory filing with no new corporate action, but the underlying news paints a continuing picture of financial decline — wider losses, lower income, and shrinking headcount. Shareholders should note that GSFC has effectively been in run-off mode for over two decades, so any price reaction is likely muted unless policy or restructuring steps are announced.