GNA Axles corrects FY26 investment figure to Rs. 80.00 crores
GNA Axles Limited published a corrigendum to its 33rd Annual Report for FY26, correcting an investment figure for GNA Mobility from Rs. 800 crores to Rs. 80.00 crores. The correction, filed with exchanges under SEBI LODR regulations, was published in newspapers on June 9, 2026.

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GNA Axles Limited has issued a corrigendum to its 33rd Annual Report for the financial year 2025-2026 to rectify a material error regarding an investment plan. The company identified that the report circulated to shareholders on June 6, 2026, contained an incorrect figure under the heading "2026" on page 5. The document originally stated that GNA Mobility approved an investment plan of Rs. 800 crores, which has now been corrected to Rs. 80.00 crores.
The corrigendum was issued by Gourav Jain, Company Secretary, on June 8, 2026. The company confirmed that the correction was filed with BSE Limited and The National Stock Exchange of India Limited under Regulation 34 and 53 of the SEBI (LODR), 2015. The corrigendum is intended to be read in conjunction with the original Annual Report 2025-2026.
To ensure wide dissemination, the company stated that the corrigendum was published in newspapers, specifically Financial Express (English) and Rozana Spokesman (Punjabi) on June 9, 2026. Cuttings from these publications will be submitted to the exchanges. Additionally, the corrigendum will be placed on the official website of the company and annexed to the Annual Report for the financial year 2025-2026.
The following table outlines the key details of the correction:
| Description | Details |
|---|---|
| Document | 33rd Annual Report for FY26 |
| Error Location | Page 5, under heading "2026" |
| Incorrect Figure | Rs. 800 crores |
| Corrected Figure | Rs. 80.00 crores |
| Original Report Date | June 6, 2026 |
| Corrigendum Date | June 8, 2026 |
| Newspaper Publication Date | June 9, 2026 |
The company expressed regret for the inconvenience caused by the discrepancy. Shareholders and investors have been advised to consider the corrigendum alongside the previously circulated annual report for accurate information.
Historical Stock Returns for GNA Axles
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.10% | -4.88% | -13.99% | +16.11% | +6.68% | +60.89% |
How will the significant reduction in the investment plan from Rs. 800 crores to Rs. 80 crores impact GNA Mobility's expansion strategy?
Will this material error lead to increased scrutiny from SEBI or regulatory bodies regarding GNA Axles' disclosure practices?
How might investors react to the correction in terms of stock price volatility in the short term?


































