Gillanders Arbuthnot and Company Limited , a diversified conglomerate, has announced significant changes in its leadership and expansion plans for its Engineering Division. The company's Board of Directors has made key decisions that are expected to strengthen its corporate governance and operational capabilities.

New Company Secretary Appointment

Ms. Neha Singh has been appointed as the Company Secretary and Compliance Officer of Gillanders Arbuthnot, effective August 12, 2025. Singh, a Fellow Member of the Institute of Company Secretaries of India, brings over 11 years of experience in corporate governance, regulatory compliance, and secretarial practices to her new role.

As a Key Managerial Personnel, Singh will be responsible for ensuring compliance with various regulatory requirements and will play a crucial role in the company's corporate governance framework. Her expertise in SEBI regulations, capital market transactions, and liaising with regulatory bodies is expected to be valuable for the company.

Expansion of Engineering Division

In a strategic move to enhance its manufacturing capabilities, Gillanders Arbuthnot has approved the establishment of a new structural fabrication workshop for its Engineering Division, known as MICCO. The new facility will be located at 47, G.T. Road, Champdani (M), PO – Baidyabati, PS – Bhadreswar, Hoogly – 712222 in Ward no. 18.

The workshop is designed with a production capacity of 300 MT per annum, signaling the company's commitment to expanding its engineering operations. This development is expected to bolster the company's position in the engineering sector and potentially open up new business opportunities.

Financial Performance

The company also released its unaudited financial results for the quarter ended June 30, 2025. Here are the key highlights:

The financial results indicate challenges in the current quarter, with both standalone and consolidated figures showing losses. However, it's important to note that the tea industry, a significant part of Gillanders Arbuthnot's business, is seasonal in nature, and these results may not be indicative of the full year's performance.

Segment Performance

The company's diverse business segments showed mixed results:

• Tea: Reported a loss of Rs. 303.38 lakhs (standalone) and Rs. 338.78 lakhs (consolidated)
• Engineering (MICCO): Showed a profit of Rs. 142.42 lakhs
• Textiles: Recorded a loss of Rs. 180.71 lakhs
• Property: Generated a profit of Rs. 132.75 lakhs

These strategic moves and financial results reflect Gillanders Arbuthnot's efforts to navigate current market conditions while positioning itself for future growth through leadership enhancements and operational expansions.

Gillanders Arbuthnot and Company Limited , a diversified conglomerate, has reported mixed financial results for the first quarter, while also announcing strategic expansions and key appointments.

Financial Performance

The company reported a consolidated net loss of Rs. 545.52 lakhs for Q1, showing an improvement from the Rs. 982.22 lakhs loss in the same quarter last year. On a standalone basis, the loss narrowed to Rs. 409.00 lakhs from Rs. 723.98 lakhs year-over-year.

Consolidated revenue from operations increased to Rs. 8,837.47 lakhs, up from Rs. 8,485.41 lakhs in the corresponding quarter of the previous year. However, standalone revenue declined to Rs. 7,812.12 lakhs from Rs. 8,137.46 lakhs.

Segment Performance

Gillanders Arbuthnot operates across four segments:

Expansion of Engineering Division

In a significant development, the Board of Directors has approved the setting up of a new structural fabrication workshop for the Engineering Division (MICCO) at Champdani, Hoogly. The new facility will have a production capacity of 300 MT per annum, potentially boosting the division's capabilities and revenue.

Key Appointment

The company has appointed Ms. Neha Singh as the Company Secretary and Compliance Officer, effective August 12. Ms. Singh, a Fellow Member of the Institute of Company Secretaries of India, brings over 11 years of experience in corporate governance and regulatory compliance.

Corporate Governance

The Board has approved amendments to the Code of Practices & Procedures for Fair Disclosure of Unpublished Price Sensitive Information, aligning it with recent SEBI regulations. This move underscores the company's commitment to maintaining high standards of corporate governance and transparency.

Outlook

While the company continues to face challenges, particularly in its Tea and Textiles segments, the expansion of the Engineering Division and the improved performance compared to the previous year suggest potential for recovery. The diverse nature of Gillanders Arbuthnot's business portfolio may provide resilience as it navigates through the current economic landscape.