BSEGangotri Textiles LtdMediumNeutral
Announced Fri, 30 Jan · 11:36 IST

This is to inform that the Company has convened the Board Meeting (Zoom Meeting) on Friday the 30th day of January, 2026 ,to consider inter-alia approving the un-audited Financial Results ....

Going ConcernPat NegativeRevenue DeclineResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gangotri Textiles Ltd held a board meeting on 30 January 2026 and approved unaudited financial results for the quarter and nine months ended 31 December 2025. The company reported zero revenue from operations and zero other income, with total expenses of Rs 1.24 lakh for Q3 FY26 and Rs 5.60 lakh for the nine-month period, resulting in a loss of Rs 1.24 lakh for the quarter and Rs 5.60 lakh for nine months (vs Rs 6.02 lakh loss in the prior-year period). A critical note in the filing states that all the company's assets have been taken over and sold by lenders, and interest has not been provided since September 2015. The statutory auditor's limited review report was clean with no qualifications. No investor complaints were pending. Promoter group has 75% of its shareholding pledged with lenders.

Likely market impact

Severely negative for shareholders — the company has ceased operations, reports no revenue, continues to post losses, and has lost all its assets to lenders, raising serious going-concern doubts. Stock may see downward pressure and remains a high-risk, thinly-traded penny stock.