Durgashree Ventures has acquired a significant block of shares in G.K. Consultants Limited , pushing its total holding to exactly 10.00% of the company’s voting capital. The acquisition of 500,000 equity shares was executed off-market on July 29, 2026, and disclosed to the Bombay Stock Exchange (BSE) on August 7, 2026, pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing reveals that Durgashree Ventures, identified as a non-promoter entity, increased its stake from 5.58% prior to the transaction. The acquirer is represented by partners Gaurav Tomer, Purnima, and Shailendra Kumar, who are listed as Persons Acting in Concert (PAC). The transaction did not involve any change in the company’s total equity share capital, which remains at ₹11,31,18,000 divided into 1,13,11,800 equity shares of ₹10 each.

Transaction Details

The regulatory filing provides specific details regarding the shareholding structure before and after the acquisition:

The mode of acquisition was specified as off-market, indicating a direct transfer between parties rather than through open market purchases or public issues. No warrants, convertible securities, or encumbered shares were reported in the filing. The PAN for Durgashree Ventures is AAZFD9878N.

What the Numbers Show

The precise alignment of the post-acquisition stake at 10.00% suggests a calculated move to reach this specific regulatory threshold. Under SEBI regulations, crossing certain percentage thresholds triggers mandatory disclosure requirements and can influence future takeover obligations. By acquiring exactly 4.42% additional shares, Durgashree Ventures moved from a minority holding of 5.58% to a double-digit stake, potentially signaling increased confidence in the company’s prospects or a strategic positioning for future corporate actions. The absence of promoter group affiliation indicates this is an independent investment decision rather than part of a consolidated promoter strategy.

G K Consultants Limited has scheduled its 38th Annual General Meeting (AGM) for Saturday, August 22, 2026, to be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting aims to transact ordinary business, including the adoption of audited financial statements for the financial year ended March 31, 2026, and special business involving the appointment of new statutory auditors and the regularization of independent directors. Shareholders holding shares as on the cut-off date of August 15, 2026, are eligible to vote electronically via the National Securities Depository Limited (NSDL) platform between August 19 and August 21, 2026.

The Board of Directors has proposed the appointment of M/s. P B S & Associates, Chartered Accountants (Firm Registration No. 029947N), as the company’s Statutory Auditors. This appointment fills a casual vacancy created by the resignation of the previous auditors, M/s. Punam Kumar Gupta & Associates, effective May 29, 2026. The new auditors are recommended for a term of five consecutive years, from the conclusion of this AGM until the conclusion of the 43rd AGM. Their remuneration will be mutually agreed upon between the Board and the auditors.

Board Composition Updates

The AGM notice includes resolutions to regularize the appointments of two additional directors as Independent Directors:

Both directors were initially appointed by the Board under Section 161(1) of the Companies Act, 2013, and require shareholder approval to hold office for five consecutive years. Mrs. Saroj Gupta (DIN: 07793920), the Managing Director, is also up for re-appointment as a director liable to retire by rotation.

Voting and Participation Details

Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided details for remote e-voting. The e-voting period commences on Wednesday, August 19, 2026, at 09:00 A.M. IST and ends on Friday, August 21, 2026, at 05:00 P.M. IST. Members who have cast their votes during the remote e-voting period may attend the AGM but cannot vote again. The facility for voting during the AGM is available only to those who have not voted remotely.

CS Chetan Prasad (Membership No. ACS A71905) has been appointed as the scrutinizer for the e-voting process. The results, along with the scrutinizer’s report, will be communicated to the stock exchanges and displayed on the company’s website after the conclusion of the meeting.

What the Numbers Show

The appointment of M/s. P B S & Associates marks a significant change in the company’s audit function, replacing the previous firm that resigned in May 2026. The regularization of Prem Singh and Anil Kumar strengthens the independent oversight on the Board, bringing in expertise in financial markets and business operations. With the AGM conducted virtually, the company ensures broader accessibility for shareholders while adhering to regulatory mandates for electronic communication and voting.