Gallops Enterprise reported a net profit of ₹4.61 lakh for FY26, marking a return to profitability after recording a loss of ₹17.63 lakh in the previous financial year.

The company concluded its 32nd Annual General Meeting (AGM) on September 19, 2026, via video conferencing. Shareholders approved the audited financial statements and board appointments during the proceedings.

Financial Performance

The shift from loss to profit in FY26 highlights an improvement in the company's bottom line compared to FY25. The N.G. Group, which operates in the real estate sector across Gujarat, continues to focus on industrial parks, warehouses, and residential projects.

AGM Proceedings

The meeting commenced at 3:00 pm and concluded at 3:20 pm. Balram Bharatbhai Padhiyar, Managing Director, chaired the session. Hemant Bhatkar, Chief Financial Officer, welcomed shareholders and outlined the compliance measures taken for the virtual meeting.

Key resolutions passed included:

• Adoption of the audited financial statements for the year ended March 31, 2026.
• Re-appointment of Balram Bharatbhai Padhiyar as a director upon retirement by rotation.
• Appointment of Riken Bhanuprasad Patel as a Non-Executive Director.

Remote e-voting was facilitated by National Securities Depository Limited (NSDL). Prasad and Partners LLP served as the scrutinizer for the voting process.

Gallops Enterprise Limited has scheduled its 32nd Annual General Meeting (AGM) for Saturday, September 19, 2026. The meeting will be held at 3:00 pm through Video Conferencing or Other Audio Visual Means (VC/OAVM).

The company is conducting the AGM in compliance with Ministry of Corporate Affairs circulars and SEBI Listing Obligations and Disclosure Requirements Regulations. Members whose email addresses are registered with the company or depository participants will receive the notice and annual report electronically.

E-Voting Details

Shareholders holding shares as on the cut-off date of Saturday, September 12, 2026, are eligible to vote. Remote e-voting will commence on Wednesday, September 16, 2026, at 8:00 am and conclude on Friday, September 18, 2026, at 5:00 pm.

Members who cast their votes via remote e-voting before the AGM may attend the meeting but cannot vote again. The company has engaged National Securities Depository Limited (NSDL) to facilitate electronic voting.

Share Transfer Restrictions

The register of members and share transfer books will remain closed from Sunday, September 13, 2026, to Saturday, September 19, 2026, inclusive. They will reopen on Sunday, September 20, 2026.

Shareholders who have not registered their email addresses are requested to submit details including folio number, PAN, and Aadhaar cards to investors.gallopse@gmail.com . Demat shareholders must update their contact information with their respective depository participants.