Ganesh Housing sets Nov 27 vote on Gatil Properties merger

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Ganesh Housing Limited will hold an NCLT-convened shareholder meeting on November 27, 2026.
  • The agenda is to approve a scheme of arrangement with Gatil Properties Private Limited.
  • Remote e-voting is open from November 21 to November 26, 2026.
  • The cut-off date for voting eligibility is November 19, 2026.
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Ganesh Housing Limited will convene a meeting of equity shareholders on November 27, 2026, to consider and approve a proposed scheme of arrangement with Gatil Properties Private Limited. The meeting, directed by the National Company Law Tribunal (NCLT), Ahmedabad Bench, aims to finalize the corporate restructuring between the two entities.

Meeting details and voting schedule

The NCLT convened meeting is scheduled for Friday, November 27, 2026, at 12:00 pm IST via Video Conferencing or Other Audio Visual Means. Shareholders can participate remotely and cast their votes through the electronic voting system during the session.

Remote e-voting facilities are available for those unable to attend live. The voting window opens on Saturday, November 21, 2026, at 9:00 am IST and closes on Thursday, November 26, 2026, at 5:00 pm IST.

Event Date Time
Cut-off date for eligibility November 19, 2026 N/A
Remote e-voting start November 21, 2026 9:00 am
Remote e-voting end November 26, 2026 5:00 pm
NCLT convened meeting November 27, 2026 12:00 pm

Regulatory background

The meeting is held pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NCLT issued the order directing this meeting on October 7, 2026, followed by a corrigendum order on October 9, 2026.

The notice has been sent via email to shareholders whose addresses are registered with the Registrar and Transfer Agent, MCS Share Transfer Agent Limited, or the depositories. The full notice is available on the company's official website.

Historical Stock Returns for Ganesh Housing

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-2.91%-9.43%+4.86%-21.13%+231.85%

How will the proposed scheme of arrangement with Gatil Properties Private Limited impact Ganesh Housing's land bank valuation and future revenue visibility?

What are the expected synergies and cost efficiencies anticipated from integrating Gatil Properties' assets into Ganesh Housing's operational framework?

How might the completion of this restructuring influence Ganesh Housing's debt profile and credit rating in the post-merger landscape?

Ganesh Housing changes secretarial auditor name to Prasad and Partners

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Ganesh Housing Limited changed its Secretarial Auditor's name to M/s. Prasad and Partners LLP
  • The previous auditor was M/s. ALAP & Co. LLP
  • The change affects only the firm's name, not the appointment terms or tenure
  • The original five-year appointment period remains April 1, 2025, to March 31, 2030
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Ganesh Housing Limited has informed stock exchanges that the name of its Secretarial Auditor has changed from M/s. ALAP & Co. LLP to M/s. Prasad and Partners LLP. The update was communicated on September 25, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company clarified that this modification is strictly a change in the firm's nomenclature. There is no alteration to the terms, tenure, or scope of the appointment originally made for the period from April 1, 2025, to March 31, 2030.

Appointment details remain unchanged

The intimation references an earlier disclosure dated June 20, 2025, which confirmed the appointment of M/s. ALAP & Co. LLP as the Secretarial Auditor for a five-year term. The new entity, M/s. Prasad and Partners LLP, assumes the role under identical conditions.

Particulars Details
Existing Name M/s. ALAP & Co. LLP, Company Secretaries
New Name M/s. Prasad and Partners LLP, Company Secretaries
Nature of Change Change in name of the Secretarial Audit Firm
Terms of Appointment Unchanged
Tenure of Appointment Unchanged
Scope of Work Unchanged

The company requested both BSE Limited and National Stock Exchange of India Limited to update their records with the revised auditor name.

Historical Stock Returns for Ganesh Housing

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%-2.91%-9.43%+4.86%-21.13%+231.85%

How might the rebranding of the audit firm influence Ganesh Housing's compliance risk profile in upcoming quarterly reviews?

Are there any pending regulatory inquiries or historical compliance issues associated with the predecessor firm that could impact the new auditor's tenure?

What is the market sentiment regarding governance changes among mid-cap real estate developers in India following this disclosure?

More News on Ganesh Housing

1 Year Returns:-21.13%