OUTCOME OF BOARD MEETING
Awaiting price reaction for this filing.
Gangotri Textiles Ltd held its Board Meeting on May 15, 2026 via video conferencing. The Directors approved the audited Financial Results for FY ended 31st March 2026, which were also reviewed by the Audit Committee. The Board has NOT recommended any dividend for FY 2026. The 39th Annual General Meeting is scheduled for August 21, 2026 through video conferencing. The company also discussed and recorded a Show Cause Notice received from NSE and BSE exchanges, along with the company's response to both exchanges.
No dividend recommendation suggests the company is retaining cash, possibly for operational needs. The unresolved Show Cause Notice from exchanges indicates ongoing regulatory scrutiny which shareholders should monitor closely.