Linkstar Trust, a promoter of GVP Infotech , confirmed that it did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India, covers the trust's holding along with Persons Acting in Concert (PAC). This confirmation ensures that the promoter group's shareholding remains free from any charges or obligations for the specified period.

As of March 31, 2026, Linkstar Trust held 1,37,651,590 equity shares with a face value of ₹2 each in GVP Infotech. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration was signed by Dhaval Jitendrakumar Mistry, Trustee of Linkstar Trust.

The breakdown of the shareholding provided in the annexure details the specific ownership within the promoter group.

The letter was addressed to the Listing Department of the National Stock Exchange of India and copied to the Audit Committee of GVP Infotech. The company was formerly known as Fourth Dimension Solutions Limited.

GVP Infotech Limited submitted a revised audit report for the financial year ended March 31, 2026, to the National Stock Exchange of India Ltd on May 26, 2026. The company replaced the previously filed auditor's report upon the request of the statutory auditor, Purushottam Khandelwal & Co. The filing follows the board's approval of the standalone audited financial results on May 25, 2026.

Financial Performance

The company reported a net loss of ₹9,126.34 crore for FY26, compared to a loss of ₹264.33 crore in the previous year. Total income for the year stood at ₹771.23 crore, a decrease from ₹576.07 crore in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹202.25 crore on a total income of ₹113.30 crore. The board recommended a final dividend of ₹0.20 per equity share, or 10% of the face value of ₹2 each.

Audit and Key Matters

The statutory auditors issued an opinion that the standalone financial statements give a true and fair view, except for the possible effects of the matter described in the "Basis for Opinion" section. The auditors identified a key audit matter regarding long-outstanding trade receivables and other assets aggregating ₹400,000,000 as at the balance sheet date, citing significant judgment in assessing recoverability.

The auditors also drew attention to an outstanding receivable of ₹40 crores from RUDSICO under the "Smart Rajasthan" contract, where no provision for doubtful debts has been created as the matter is pending legal recourse before the Hon'ble High Court of Jaipur. Additionally, the company entered into a settlement agreement with M/s Minosha India Limited, writing off ₹90,02,25,224 and recognising ₹20,00,00,000 as recoverable against trade receivables. The company also has an unpaid dividend amount of ₹59,873 lying in the Unpaid Dividend Account.