Switching Technologies Gunther

Switching Technologies Gunther Limited held an Extraordinary General Meeting on November 6, 2025, through audio-video conferencing mode. The company approved two key resolutions: a special resolution for the slump sale of its business undertaking under Section 180(1)(a) of the Companies Act, 2013, and an ordinary resolution for entering into a material related party transaction under Section 188(1)(b). The business undertaking will be sold to Canolli Manufacturing Private Limited for a consideration of INR 4,20,00,000 (Four Crores Twenty Lakhs only), inclusive of all applicable taxes. The sale includes all assets, rights, interests, properties, intellectual property, business contracts, approvals, permits, records, identified employees, and other business-related assets, along with assumption of related liabilities. The transaction is structured as a slump sale on a going concern basis at arm's length with the related party. Managing Director Mr. Chidambaram Chandrachudan and Company Secretary Mr. Subramanian Ramesh have been authorized to execute all necessary documentation and regulatory filings for the transaction.

Guenther America Inc., a promoter of Switching Technologies Gunther Limited, has disclosed the transfer of 3,78,000 equity shares of the company. The disclosure was made under SEBI's Prohibition of Insider Trading Regulations. Switching Technologies Gunther Limited received the disclosure from its promoter and submitted the required documentation to BSE Limited for compliance purposes. The company's registered office is located in the Special Economic Zone (MEPZ), and Subramaniam Ramesh serves as the Company Secretary and Compliance Officer.

Asscue Management Services Pvt Ltd, along with Persons Acting in Concert Kriansh Nirmaan Pvt Ltd, acquired 1,80,410 shares representing 7.363% stake in Switching Technologies Gunther Limited through open market purchases. The acquisition took place on October 20-21, 2025. Prior to this transaction, the acquirer held no shares in the target company. The target company has an equity share capital of 24,50,000 shares of Rs. 10 each and is listed on Bombay Stock Exchange Limited. The acquirer does not belong to the promoter or promoter group of the target company.