Gallops Enterprise Approves Q1 Results, Reappoints Managing Director

Gallops Enterprise Limited, a diversified company based in Ahmedabad, Gujarat, has announced several key decisions following its board meeting held on August 12, 2025. The company's Board of Directors convened to discuss and approve various matters, including financial results and leadership appointments.

Q1 Financial Results Approved

The board has approved the unaudited financial results for the first quarter ended June 30, 2025. These results, along with the limited review reports, have been taken on record. The approval of these financial statements demonstrates the company's commitment to timely disclosure and transparency in its financial reporting.

Leadership Reappointment

In a significant move, the board has re-appointed Mr. Balram Bharatbhai Padhiyar as the Managing Director of Gallops Enterprise Limited. This reappointment is for a term of five years, effective from June 25, 2025, subject to shareholder approval at the upcoming Annual General Meeting.

Mr. Padhiyar brings a wealth of experience to his role. He holds a graduate degree in Information Technology from Gujarat University and has completed postgraduate specialization in database technologies at GLS Institute of Information Technology. His career, which began in 2002, includes experience as a channel partner with HDFC Bank and ICICI Bank, focusing on automobile loans and general insurance.

Over the years, Mr. Padhiyar has demonstrated his entrepreneurial skills by successfully diversifying into multiple sectors, including automobile, real estate, construction, logistics, and warehousing. His reappointment signals the board's confidence in his leadership and vision for the company's future growth.

It's worth noting that Mr. Padhiyar is married to Ms. Pooja Patel, who serves as a director of the company. He also holds a directorship in Gallops Infrastructure Limited.

Appointment of Secretarial Auditor

The board has approved the appointment of M/s. Alap & Co. LLP as the Secretarial Auditor of the company. This appointment is for a period of five consecutive financial years, from April 1, 2025, to March 31, 2030, subject to shareholder approval at the upcoming Annual General Meeting.

M/s. Alap & Co. LLP, led by Mr. Anand Lavingia and Ms. Ankita Patel, is a professional services firm specializing in corporate laws, listings and capital markets, corporate governance issues, legal matters, and corporate restructuring. Their appointment underscores Gallops Enterprise's commitment to maintaining high standards of corporate governance and regulatory compliance.

Other Board Approvals

The board meeting, which lasted from 3:00 PM to 4:30 PM, also saw the approval of the Directors' Report for the financial year ended March 31, 2025. This report typically provides a comprehensive overview of the company's performance and strategic direction over the past fiscal year.

These decisions reflect Gallops Enterprise Limited's focus on governance, leadership continuity, and regulatory compliance. Shareholders and market observers will likely be keen to see how these moves impact the company's performance and strategic direction in the coming years.