gg automotive gears has filed an appeal with the Securities Appellant Tribunal against an order issued by BSE Limited. The order, dated March 24, 2026, was passed by the Internal Regulatory Oversight and Review Group (IRORG) of the exchange. The appeal challenges the fines levied by BSE for alleged non-compliance with Regulation 17(1) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The company disclosed this development to the Department of Corporate Service at BSE Limited on May 23, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The communication requested the exchange to place the information on record.

Key Details of the Appeal

The appeal addresses specific regulatory actions taken against the company regarding its adherence to listing obligations. The following table summarizes the key information related to the disclosure:

The company has taken this step to contest the penalties imposed by the stock exchange regulator. The outcome of the appeal is currently pending before the Securities Appellant Tribunal.

GG Automotive Gears Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on Thursday, May 14, 2026, at the company's registered office in Dewas, Madhya Pradesh. The meeting was conducted pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has submitted the newspaper publication of these audited financial results to BSE Limited, confirming that the advertisement was published in "The Free Press Journal" (English) and "Choutha Sansar" (Hindi) on May 15, 2026, under Regulation 47.

Financial Performance for FY26

The company reported a significant improvement in its financial performance for the fiscal year ended March 31, 2026. Revenue from operations rose to ₹11665.58 lakh, compared to ₹11432.38 lakh in the previous year. Net profit for the year stood at ₹1112.11 lakh, marking an increase from the ₹774.92 lakh recorded in FY25. The company’s earnings per share (EPS) for the year improved to ₹11.13 from ₹8.54 in the prior year.

For the quarter ended March 31, 2026, the company reported a revenue from operations of ₹2121.85 lakh and a net profit of ₹173.17 lakh. In comparison, the net profit for the same quarter in the previous year was ₹215.89 lakh. The total expenses for the year were managed at ₹10254.06 lakh, slightly lower than the ₹10399.12 lakh incurred in the previous year.

Key Financial Metrics

The following table summarizes the audited financial results for the year ended March 31, 2026:

Capital Structure and Segment Information

During the year, the company issued and allotted 4,90,000 equity shares of face value ₹10 each at an issue price of ₹60, including a premium of ₹50 per share. The allotment was made to the promoter by way of converting share warrants into equity shares. Following this conversion, the paid-up share capital of the company increased to ₹999 lakh. The company operates in a single primary business segment: the manufacturing of railway gears.

Auditor's Report and Compliance

M/s. S. N. Gadiya & Co., Chartered Accountants, has issued an audit report with an unmodified opinion on the standalone financial results for the quarter and year ended March 31, 2026. The statutory auditors confirmed that the financial results give a true and fair view of the company's financial position and performance in accordance with the Indian Accounting Standards (Ind AS). The company has also indicated that the financial results will be published in newspapers in the format prescribed under Regulation 47 of the Listing Regulations.