Gangotri Textiles Ltd

Gangotri Textiles Ltd

Gangotri Textiles Ltd, under Corporate Insolvency Resolution Process (CIRP), held its 37th Annual General Meeting (AGM) on 21.08.2026 through video conferencing. The meeting was chaired by Interim Resolution Professional CA.G.Gunasekaran, who informed about the company's admission to CIRP and the appointment of the IRP. The financial statements for FY 2025-26 were approved and adopted. The meeting was conducted despite a delay in uploading the proceedings due to technical issues.

Gangotri Textiles Ltd

Gangotri Textiles Ltd held its 37th AGM through video conferencing, with the Interim Resolution Professional chairing the meeting due to the company being under Corporate Insolvency Resolution Process (CIRP). The financial statements for FY 2025-26 were approved, and the shareholders were given the option to cast their votes through e-voting. The meeting was closed at 10:55 am.

Gangotri Textiles Ltd

Gangotri Textiles Ltd has been admitted to the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT) due to defaulting on financial obligations to lenders, including State Bank of India and IDBI bank, with a total amount in default of Rs. 240.46 crores.

Gangotri Textiles Ltd

Gangotri Textiles Ltd has issued a corrigendum notice for its 37th Annual General Meeting scheduled on 21 August 2026, due to the initiation of the Corporate Insolvency Resolution Process (CIRP) against the company under the Insolvency and Bankruptcy Code, 2016. The management of the company has been suspended, and the Interim Resolution Professional (IRP) will chair and preside over the meeting.

Gangotri Textiles Ltd

Gangotri Textiles Ltd has submitted its unaudited financial results for the quarter ended 30.06.2026, showing revenue from operation and other income as Rs 0 lakhs, with total expenses of Rs 2.39 lakhs and a net loss of Rs 2.39 lakhs.

Gangotri Textiles Ltd

Gangotri Textiles Ltd has announced its un-audited financial results for the quarter ended 30.06.2026, showing a loss of Rs. 2.39 lakhs. The company's revenue from operations and other income remains at Rs. 0 lakhs. The loss before tax is Rs. 2.39 lakhs, and the company has no tax expenses. The earnings per equity share for the discontinued operation is Rs. 0.0073.

Gangotri Textiles Ltd

Gangotri Textiles Ltd has announced its 37th Annual General Meeting (AGM) to be held on August 21, 2026, through video conferencing. The company will consider and adopt the Directors' Report, Profit & Loss Account, and Balance Sheet for the year ended March 31, 2026. Members can attend and participate in the AGM through VC/OAVM and remote e-voting.