GIPCL opens special window for share transfer until Feb 2027

1 min read     Updated on 05 Jun 2026, 04:28 AM
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Gujarat Industries Power Company Ltd has opened a special window until February 4, 2027, for the re-lodgement of physical share transfer deeds rejected before April 1, 2019, with shares issued in dematerialized form subject to a one-year lock-in. Concurrently, the company issued a second notice for the IEPFA's 'Saksham Niveshak' campaign, active from April 1 to July 9, 2026, to help shareholders update KYC details and claim unpaid dividends.

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Gujarat Industries Power Company Ltd has opened a special window for the transfer and dematerialization of physical securities, valid from February 5, 2026 to February 4, 2027. This initiative allows shareholders to re-lodge transfer deeds for physical shares that were lodged before April 1, 2019, but were rejected or returned due to documentation deficiencies. All shares re-lodged during this period will be issued only in dematerialized form and will be subject to a one-year lock-in from the date of transfer registration.

Separately, the company issued a second notice for the 'Saksham Niveshak' campaign, a 100-day initiative running from April 1, 2026 to July 9, 2026. Relaunched by the Investors Education and Protection Fund Authority (IEPFA), the campaign targets shareholders with unpaid or unclaimed dividends and those with incomplete Know Your Customer (KYC) details. The disclosures were published in the Financial Express and Loksatta Jansatta on June 4, 2026.

Key Details of the Initiatives

Initiative Special Window for Transfer Saksham Niveshak Campaign
Duration Feb 5, 2026 to Feb 4, 2027 Apr 1, 2026 to Jul 9, 2026
Purpose Re-lodgement of rejected physical share transfers Update KYC and claim unpaid dividends
Condition Shares issued in demat form; 1-year lock-in Contact RTA or Company

Contact Information

Shareholders with queries regarding the special window or the campaign may contact the company's Registrar and Transfer Agent, MUFG Intime India Private Limited, via email at investor.helpdesk@in.mfms.mufg.com . Physical documents can be submitted to the RTA's office in Vadodara. Alternatively, investors can reach out directly to the company at investors@gipcl.com .

Historical Stock Returns for Gujarat Industries Power Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%+7.85%+8.00%+7.74%-13.00%+107.50%

What impact will the mandatory one-year lock-in period have on shareholder liquidity and trading volume during the special window?

How successful is the 'Saksham Niveshak' campaign expected to be in recovering unclaimed dividends and reducing the company's unclaimed liability?

Will the forced dematerialization of re-lodged physical shares significantly improve the company's floating stock and overall corporate governance standards?

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Gujarat Industries Power FY26 Profit Rises on Tax Transition; EBITDA Margin Expands

2 min read     Updated on 01 Jun 2026, 06:07 AM
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Gujarat Industries Power reported a net profit of ₹40,240.72 lakh for FY26, up from ₹21,143.41 lakh in the prior year, supported by a one-time tax regime transition credit of over ₹26,000 lakh. Q4 FY26 net profit surged to ₹32,684.73 lakh from ₹6,972.88 lakh YoY, with EBITDA margin expanding to 45.53% from 35.26%, while annual revenue from operations rose to ₹1,49,112.30 lakh from ₹1,25,625.72 lakh.

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Gujarat Industries Power Company reported a net profit of ₹40,240.72 lakh for the financial year ended March 31, 2026, a significant increase compared to the previous year, driven by operational performance and a one-time credit arising from the transition to a new concessional corporate tax regime. The company's board has recommended a dividend of ₹4.10 per equity share, or 41%, for the fiscal year, subject to the approval of shareholders at the ensuing 41st Annual General Meeting.

For the fourth quarter ended March 31, 2026, the company recorded a net profit of ₹32,684.73 lakh, a sharp turnaround compared to ₹6,972.88 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹42,826.13 lakh versus ₹33,824.56 lakh in Q4 FY25, while total income reached ₹47,058.20 lakh. On an annual basis, revenue from operations for FY26 rose to ₹1,49,112.30 lakh from ₹1,25,625.72 lakh in the previous year. EBITDA for Q4 stood at 1.94b Rupees compared to 1.2b Rupees in the same period last year, with the EBITDA margin expanding to 45.53% from 35.26% year-on-year, reflecting improved operational efficiency.

Tax Transition Impact

The transition to the new tax regime, effective from April 1, 2026, resulted in the re-measurement of deferred tax liabilities and the recognition of Minimum Alternate Tax (MAT) credit entitlement. This led to a one-time credit of ₹11,512.36 lakh from the re-measurement of deferred tax liabilities and a credit of ₹14,518.47 lakh from the recognition of MAT credit entitlement. These non-recurring items favourably impacted the net profit for the year.

Board Decisions

The board, in its meeting held on May 29, 2026, approved the standalone audited financial results for the quarter and financial year. The appointment of M/s. Dalwadi & Associates, Cost Accountants, as cost auditors for FY27 was also approved. The statutory auditors, M/s. K C Mehta & Co. LLP, issued an unmodified opinion on the audited financial results.

Financial Performance Summary

The following table presents a detailed breakdown of the company's financial performance for the quarter and full year:

Metric Q4 FY26 (₹ in Lakhs) Q4 FY25 (₹ in Lakhs) FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from Operations 42,826.13 33,824.56 1,49,112.30 1,25,625.72
Total Income 47,058.20 35,366.47 1,58,623.11 1,32,508.34
Total Expenses 37,271.81 26,815.03 1,34,156.58 1,05,213.82
Profit for the Period 32,684.73 6,972.88 40,240.72 21,143.41
Basic EPS (₹) 21.06 4.60 25.93 13.97
Metric Q4 FY26 Q4 FY25
EBITDA 1.94b Rupees 1.2b Rupees
EBITDA Margin 45.53% 35.26%

Historical Stock Returns for Gujarat Industries Power Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.68%+7.85%+8.00%+7.74%-13.00%+107.50%

How will the absence of one-time tax credits in FY27 affect the company's net profit growth trajectory?

Can the 45.53% EBITDA margin achieved in Q4 be sustained in the coming quarters given the current market conditions?

What are the company's capital allocation plans for FY27 following the strong cash flow generation and proposed dividend?

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1 Year Returns:-13.00%