SWITCHING TECHNOLOGIES GUNTHER

The company operates in the electrical equipment industry, classified under capital goods / other electrical equipment, with FY26 revenue of Rs. 8.2472 crore and net profit of Rs. 6.5522 crore. Filings disclose FY26 revenue from operations of Rs. 192.77 lakhs and flag material uncertainty over the going concern assumption, with accumulated losses of Rs. 1,535.18 lakhs fully eroding net worth and current liabilities exceeding current assets by Rs. 733.64 lakhs. The cost structure is dominated by employee expenses at 90.4% of revenue and materials at 76.8% of revenue, with capex at just 0.5% of revenue. A complete change of control occurred when old promoter Guenther America Inc. sold its entire 37.63% stake, and the new promoter group (Touristas Horizons, BBU Enterprises, Nikhil Pujari) together holds 58.27%. The board approved a Business Transfer Agreement to sell the existing business to Canolli Manufacturing Pvt Ltd for Rs. 425 lakhs, with Rs. 300 lakhs already received as partial payment. The new promoters have also approved 100% share-swap acquisitions of Tekfoods International (FMCG, FY25 turnover Rs. 18.16 cr) and Samridh Overseas Trading (FY25 turnover Rs. 149.65 cr) for a combined Rs. 237.43 cr, pending shareholder approval at the August 2026 EGM.