GNA Axles Limited disclosed that promoter Maninder Singh sold 11,35,767 equity shares through market sales between June 18 and June 24, 2026. The transaction reduced his stake in the company to 7.95%, down from 10.60% prior to the disposal. The shares were sold for a total value of ₹48,54,85,492.00.

The intimation was submitted to the stock exchanges in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Maninder Singh, who is part of the promoter group, confirmed the sale in a disclosure dated June 26, 2026.

Following the sale, Maninder Singh's holding stands at 34,13,659 equity shares. The total equity share capital of GNA Axles Limited remains at 42,93,08,000 shares. The company secretary, Gourav Jain, forwarded the disclosure to BSE Limited and the National Stock Exchange of India Limited on June 27, 2026.

Shareholding Details

The table below outlines the change in Maninder Singh's shareholding:

The sale was executed entirely via market mechanisms. No derivatives or other modes of acquisition were involved in the transaction.

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:

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.