Gujarat winding systems Ltd has received a comprehensive regulatory disclosure from Sanjeev Lunkad regarding substantial acquisition of shares that resulted in crossing the 7% shareholding threshold. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, provides detailed documentation of the acquisition by Lunkad along with persons acting in concert.

Acquisition Details

Sanjeev Lunkad, acting in concert with Sneha Lunkad and Rushank SS Lunkad, acquired 15708 equity shares through open market transactions. The acquisition increased their collective holding from 328611 shares to 344319 shares, representing an increase from 6.76% to 7.09% of the company's total equity capital.

Regulatory Compliance and Documentation

The 7% threshold was crossed on March 4, 2026, triggering the mandatory disclosure requirement under SEBI regulations. The formal disclosure was submitted to the company on March 5, 2026, with comprehensive documentation including Part-A and Part-B details as required under the regulations. The acquirer group has confirmed that they do not belong to the promoter or promoter group category.

Acquirer Information and Contact Details

The disclosure identifies Sanjeev Lunkad as the primary acquirer with registered address at Lunkad House, 13 Race Course Road, Indore (M.P.)-452001. The persons acting in concert include Sneha Lunkad and Rushank SS Lunkad. Complete PAN details have been provided for all parties as required under regulatory guidelines.

Company Information

Gujarat Winding Systems Ltd maintains its equity share capital at Rs. 4,85,79,000, comprising 48,57,900 equity shares of Rs. 10 each. The company's shares are listed on BSE Limited, and the recent acquisition does not affect the total share capital structure. The company is located at 8, Gokul Complex, Opp.Nagri Hospital, Gujarat College Road, Ellisbridge, Ahmedabad, Gujarat - 380006.

The transaction represents a strategic increase in shareholding through systematic open market purchases, bringing the group's total investment above the regulatory threshold that mandates public disclosure. The comprehensive documentation has been submitted to BSE Limited and Skyline Financial Services Pvt Ltd as per regulatory requirements.

Gujarat winding systems Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing a challenging performance with the company reporting a net loss. The Board of Directors approved these results during their meeting held on February 4, 2026, with the meeting commencing at 12:00 noon and concluding at 12:25 p.m.

Board Meeting Outcome and Regulatory Compliance

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company informed the Bombay Stock Exchange about the outcome of their board meeting. The board considered and approved the unaudited financial results for the quarter ended December 31, 2025. The meeting was conducted under the leadership of Director Hariprasad Govindram Khetan (DIN: 01228538), who signed the regulatory communication to the exchange.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects significant challenges compared to the previous year. Gujarat Winding Systems reported a net loss of Rs 2.55 lakhs for the quarter ended December 31, 2025, marking a sharp decline from the profit of Rs 4.70 lakhs recorded in the corresponding quarter of the previous year.

Revenue and Income Analysis

The company's revenue structure shows that it had no revenue from operations during the quarter, with total income comprising entirely of other income. Other income for Q3 FY26 stood at Rs 1.09 lakhs, representing a substantial decrease from Rs 15.13 lakhs in the same quarter last year. This significant decline in other income appears to be the primary factor affecting the company's overall financial performance.

Nine-Month Performance

The nine-month period ended December 31, 2025, shows an even more concerning trend for Gujarat Winding Systems. The company reported a net loss of Rs 33.74 lakhs for the nine-month period, compared to a profit of Rs 8.38 lakhs in the corresponding period of the previous year.

Corporate Governance and Audit Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The company's statutory auditors, Nirav S. Shah & Co., conducted a limited review of the financial results and provided their report dated February 4, 2026. The auditors confirmed that nothing came to their notice that would cause them to believe the financial statements contain any material misstatement. Gujarat Winding Systems Limited maintains a paid-up equity share capital of Rs 485.79 lakhs with a face value of Rs 10.00 per share, which remained unchanged during the quarter. The company reported no investor complaints during the quarter, with zero complaints pending, received, or unresolved.