Gallops Enterprise Limited has accepted the resignation of Payal Ravi Banwari as its Company Secretary and Compliance Officer. The resignation is effective June 30, 2026, following a submission made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The departure impacts the company's key managerial personnel structure as the official steps down from her role due to personal reasons.

Payal Ravi Banwari tendered her resignation letter dated June 30, 2026, citing personal reasons for the decision. She was relieved of her responsibilities as Company Secretary and Compliance Officer after the closing of business hours on June 30, 2026. The company has attached the resignation letter to the regulatory filing as required under the SEBI circular dated January 30, 2026.

Regulatory Filing Details

The disclosure was submitted to BSE Limited by Balram Bharatbhai Padhiyar, Managing Director of Gallops Enterprise Limited. The filing referenced the security code 531902 and symbol GALLOPENT. The communication included an annexure providing specific details regarding the cessation of the Key Managerial Personnel (KMP).

Resignation Particulars

The following table outlines the key details regarding the change in the company's compliance officer position:

The company has requested the exchange to take the information on record. Payal Ravi Banwari holds the membership number ACS-49145 and expressed her gratitude to the Board of Directors for their cooperation during her tenure.

Gallops Enterprise Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹4.61 lakh compared to a net loss of ₹17.63 lakh in the previous year. The turnaround was driven by a significant reduction in total expenses, which fell to ₹0.53 lakh from ₹23.11 lakh in the prior year. Total income from operations for FY26 stood at ₹5.14 lakh, slightly lower than the ₹5.48 lakh recorded in FY25.

Financial Performance

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. For the fourth quarter of FY26, the company reported a net loss of ₹3.83 lakh, with total income from operations at ₹3.41 lakh. In the corresponding quarter of the previous year, the company had posted a profit of ₹3.49 lakh on income of ₹5.42 lakh.

Operational Metrics

Employee benefits expenses for the full year decreased to ₹2.16 lakh from ₹3.11 lakh in the previous year. Other expenses also saw a reduction, amounting to ₹10.96 lakh in FY26 compared to ₹11.27 lakh in FY25. The company reported a basic earnings per share of ₹0.09 for FY26, against a loss per share of ₹0.35 in the preceding year.

Balance Sheet and Cash Flows

As of March 31, 2026, the company’s total assets stood at ₹139.23 lakh, marginally higher than ₹138.10 lakh a year ago. Cash and cash equivalents decreased to ₹46.31 lakh from ₹60.00 lakh at the end of FY25. The net cash flow from operating activities for the year was an outflow of ₹16.55 lakh, while investing activities resulted in a net inflow of ₹2.85 lakh.

The statutory auditors, M/s. S. K. Jha & Co., Chartered Accountants, issued an unmodified opinion on the audited standalone financial results. The results were prepared in accordance with Ind AS notified under the Companies (Indian Accounting Standards) Rules, 2015.