Geecee Ventures Limited has acquired 97,500 equity shares in GMR Power and Urban Infra Limited (GPUIL) for ₹0.98 crores through an open market purchase. This transaction takes the total investment in GPUIL to ₹3.12 crores, thereby exceeding the threshold specified in Regulation 30(4)(i)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investment was made as part of the company's investment activity and represents a miniscule part of its portfolio.

The acquisition was executed at a price of ₹101.1 per share. Following this purchase, the company holds a total of 3,00,000 fully paid-up equity shares in GPUIL, which constitutes 0.04% of the target entity's paid-up capital. The shares are deemed to be credited on June 22, 2026. The consideration for the acquisition was paid in cash, and no governmental or regulatory approvals were required for the transaction.

GMR Power and Urban Infra Limited operates in the power generation sector and is listed on both BSE and NSE. The entity reported a turnover of ₹367.28 crores and a loss after tax of ₹149.57 crores for FY 2025-26. In the previous fiscal year FY 2024-25, it recorded a turnover of ₹480.89 crores and a profit after tax of ₹746.60 crores. The target entity has an authorised capital of ₹550 crores and a paid-up capital of ₹390.51 crores.

Financial Details of GMR Power and Urban Infra

Transaction Overview

The disclosure was submitted to the exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the acquisition does not fall within related party transactions and that the promoter group has no interest in the entity being acquired.

Geecee Ventures Limited has corrected its audited annual results for the financial year ended March 31, 2026, confirming the consolidated profit after tax (PAT) at ₹2356.91 lakhs. The revision follows a discrepancy identified by the National Stock Exchange of India Limited (NSE) regarding the mismatch between the consolidated PAT figures in the signed PDF and the earlier XBRL submission.

The company clarified that the error occurred due to a clerical mistake in the XBRL filing, where the tax figure was incorrectly captured as ₹649.97 lakhs instead of the accurate ₹496.33 lakhs. This incorrect tax entry resulted in an erroneous PAT being reflected in the initial submission to the exchange.

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has updated and filed the revised Integrated Filing (Finance) XBRL. The submission, made on June 11, 2026, now reflects the correct figures for the quarter and financial year ended March 31, 2026.

The following table outlines the corrected financial figures:

Ms. Darshana Jain, Company Secretary & Compliance Officer of Geecee Ventures, confirmed the rectification in the filing submitted to the NSE. The revised filing ensures that the financial records now accurately represent the company's performance for FY26.