OUTCOME OF BOARD MEETING HELD ON 15.05.2026
Awaiting price reaction for this filing.
Gangotri Textiles Limited's Board of Directors approved the audited Financial Results for FY 2025-26 (ended 31st March 2026), which were also reviewed by the Audit Committee. The Board has decided not to recommend any dividend for shareholders for this financial year. The 31st Annual General Meeting is scheduled for 21st August 2026 through video conferencing, with the share transfer books remaining closed from 15th to 21st August 2026. Additionally, the Board discussed and recorded a Show Cause Notice received from both NSE and BSE exchanges, along with the company's response to the same.
No dividend declaration is a disappointment for income-seeking investors, while the unresolved Show Cause Notice from NSE and BSE indicates potential regulatory scrutiny that could impact the company's listing status or investor confidence.