Gujarat Winding Systems approved its annual report for the fiscal year ended March 31, 2026, and scheduled its annual general meeting for September 29, 2026.

The board meeting concluded at 5:00 pm on September 1, 2026. The company will provide e-voting facilities to shareholders starting September 26, 2026, at 9:00 am until September 28, 2026, at 5:00 pm.

Meeting Details

The AGM will be held at the company’s registered office in Ahmedabad at 1:00 pm. The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026.

Mr. Jitendra Parmar, a practicing company secretary, was appointed as the scrutinizer for the meeting.

Sanjeev Lunkad and his persons acting in concert (PAC) reduced their stake in Gujarat Winding Systems below the 11% threshold following an open-market sale of shares on August 28, 2026.

The group disposed of 504,660 equity shares, bringing their aggregate holding down from 11.07% to 10.39% of the company’s total voting capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The sale involved multiple entities within the Lunkad group. Sanjeev Lunkad acted as the primary acquirer, with Sneha Lunkad, Riddhi Lunkad, Rushank SS Lunkad, and Snehjeev Ventures Pvt Ltd listed as persons acting in concert.

The disclosure notes that none of the shares held by the group were encumbered through pledges or liens either before or after the transaction. The total equity share capital of Gujarat Winding Systems remained unchanged at ₹4.86 crore (48,57,900 equity shares of ₹10 each).

Regulatory Compliance

The filing was submitted to the stock exchanges on August 31, 2026. As the post-transaction holding falls below 11%, this specific disclosure marks the exit from the higher reporting bracket mandated for substantial acquisitions. No warrants, convertible securities, or other instruments entitling the group to voting rights were involved in the disposal.