Geekay Wires: Saroj Bala receives 6,40,000 shares via gift

Geekay Wires Limited has informed the stock exchanges regarding a material event involving the transfer of shares within the promoter group. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received an intimation concerning a transaction between immediate relatives of a Director and Promoter group member.

Share Transfer Details

The transaction involved Mrs Saroj Bala, an immediate relative of the Director and Promoter group, acquiring shares via a gift transfer. The transferor, Mrs Anju Dhanuka, is also identified as a relative of the Director and Promoter group. The disclosure detailed the change in shareholding as required under SEBI's Prohibition of Insider Trading Regulations.

Updated Shareholding

Following the transfer, Mrs Saroj Bala's shareholding in Geekay Wires Limited has increased. The acquisition was executed off-market through a gift transfer, impacting the overall distribution of shares within the promoter group.

Particulars	Details
Acquirer	Mrs Saroj Bala
Transferor	Mrs Anju Dhanuka
Relationship	Immediate relative of Director and Promoter group
Shares Acquired	6,40,000 Equity Shares
Mode of Acquisition	Gift Transfer
Date of Intimation	21-05-2026

Post-Transaction Holdings

The transfer resulted in a significant adjustment to the shareholding percentage of Mrs Saroj Bala. The details of the holdings before and after the transaction are outlined below.

Metric	Value
Prior Holding	69,84,460 shares (6.68%)
Shares Acquired	6,40,000 shares
Post-Transaction Holding	76,24,460 shares (7.29%)

The company confirmed that the necessary disclosures, including Form C, have been submitted to the exchanges. The transaction was finalized on May 21, 2026.

Geekay Wires Limited has released its audited financial results for the financial year ended March 31, 2026. The board of directors approved the outcomes during a meeting held on May 19, 2026. The statutory auditors provided an unmodified opinion on the financial results for both the quarter and the year ended March 31, 2026.

Financial Performance for FY26

For the full financial year, Geekay Wires recorded a total income of ₹45,826.38 lakh, down from ₹49,949.53 lakh in the previous year. Revenue from operations decreased to ₹44,081.35 lakh from ₹45,831.49 lakh in FY25. The company's total expenses for the year amounted to ₹41,747.37 lakh, lower than the ₹45,178.43 lakh reported in the prior year.

The profit for the year stood at ₹3,010.72 lakh, compared to ₹3,622.60 lakh in the financial year ended March 31, 2025. Earnings per share (EPS) on a nominal value basis were reported at ₹2.88 for FY26, a decrease from ₹3.47 in the previous year.

Quarterly Results

For the quarter ended March 31, 2026, the company reported a total income of ₹11,405.04 lakh. Revenue from operations for the quarter was ₹10,940.64 lakh, while total expenses stood at ₹10,478.46 lakh. The profit for the quarter was ₹675.46 lakh, with an EPS of ₹0.65.

Segment Revenue

The company's operations are divided into domestic and foreign segments. For the financial year ended March 31, 2026, domestic revenue from operations was ₹24,513.59 lakh, while foreign revenue contributed ₹19,567.76 lakh. In the corresponding quarter ended March 31, 2026, domestic revenue was ₹7,123.41 lakh and foreign revenue was ₹3,817.23 lakh.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹34,963.78 lakh, an increase from ₹28,841.73 lakh in the previous year. Total equity rose to ₹17,168.90 lakh from ₹14,477.86 lakh. Non-current assets were valued at ₹16,740.80 lakh, while current assets stood at ₹18,222.98 lakh.

Financial Metric (Amount in ₹ Lakhs)	FY 2026	FY 2025
Revenue from Operations	44,081.35	45,831.49
Total Income	45,826.38	49,949.53
Total Expenses	41,747.37	45,178.43
Net Profit	3,010.72	3,622.60
Earnings Per Share (EPS)	2.88	3.47
Total Assets	34,963.78	28,841.73
Total Equity	17,168.90	14,477.86