Gabriel Pet Straps Limited has announced a significant change in its board composition with the resignation of Independent Director Mr. Darshan Bhaveshbhai Vora. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the ongoing governance transitions within the organization.

Director Resignation Details

Mr. Darshan Bhaveshbhai Vora (DIN: 10373409) has tendered his resignation as Independent Director of the company, effective from close of business hours on January 30, 2026. The resignation was submitted citing pre-occupation and other personal commitments that would prevent him from fulfilling his responsibilities and duties towards the company.

Committee Memberships Impact

Following his resignation as Independent Director, Mr. Vora will simultaneously cease to be a member of several key board committees. His departure will affect the composition of critical governance bodies within the company structure.

The committees affected include:

• Audit Committee
• Stakeholder Relationship Committee
• Nomination and Remuneration Committee

Regulatory Compliance and Confirmation

The company has fulfilled its regulatory obligations by providing comprehensive disclosure under SEBI regulations. As part of the mandatory requirements, Mr. Vora has provided written confirmation regarding the reasons for his resignation.

Mr. Vora confirmed in his resignation letter that there are no other material reasons for his resignation beyond the pre-occupation and personal commitments mentioned. The director also disclosed that he holds no directorships in other listed entities, indicating no conflicts or overlapping responsibilities in the public market space.

Company Background

Gabriel Pet Straps Limited, formerly known as Gabriel Pet Straps LLP, operates from its registered office in Paddhari, Rajkot, Gujarat. The company trades on BSE with scrip code 544108 and ISIN INE0QZF01012. The resignation announcement was signed by Managing Director Jay Pareshbhai Shah (DIN: 08959842) on January 28, 2026, ensuring timely disclosure to stakeholders and regulatory authorities.

GPSL , a company specializing in pet accessories, has completed a significant equity allotment, strengthening its financial position and paving the way for future growth. The company's board of directors has approved a multi-tranche equity issuance, raising its paid-up share capital to Rs. 7,47,58,440.

Equity Allotment Details

The equity allotment comprises three main components:

1. New Equity Shares: 18,09,796 equity shares at Rs. 256 per share
2. Fully Convertible Warrants: 15,30,000 warrants
3. Warrant Conversion: 67,708 equity shares from warrant conversion

Key Highlights of the Allotment

• The issue price for the equity shares and warrants is set at Rs. 256 per share.
• Warrant holders have been given an 18-month window to convert their warrants into equity shares.
• The allotment includes shares distributed to public investors and the promoter group.
• Kavathiya Ankit Dharmendrabhai, a promoter group member, received 3,82,500 warrants.

Impact on Financial Position

The recent equity allotment has significantly improved GPSL's financial position. Let's look at some key financial metrics based on the latest available balance sheet data:

The substantial increase in shareholders' capital and total assets indicates that the company has significantly strengthened its balance sheet through this equity allotment.

Potential Implications

1. Enhanced Financial Flexibility: The increased capital base provides GPSL with greater financial flexibility to pursue growth opportunities or invest in operations.

2. Improved Debt-to-Equity Ratio: The equity infusion may improve the company's debt-to-equity ratio, potentially enhancing its creditworthiness.

3. Expanded Shareholder Base: The allotment to public investors may lead to a more diverse shareholder base, which could improve liquidity in the stock.

4. Future Growth Prospects: With a stronger capital base, the company is better positioned to invest in expansion, research and development, or potential acquisitions in the pet accessories market.

As GPSL moves forward with its strengthened financial position, investors and market watchers will be keen to see how the company leverages this capital to drive growth and enhance shareholder value in the competitive pet accessories industry.