GKB Ophthalmics Ltd, a player in the ophthalmic industry, recently held its 43rd Annual General Meeting (AGM) amid controversy as a shareholder with a single share launched a verbal attack on the company's management.

Shareholder Confrontation

The virtual AGM, held on August 21, 2025, became the center of attention when investor Abhishek Kalra, owning just one share, confronted the company's leadership. Kalra directed his criticism at Managing Director Krishna Gopal Gupta, questioning his performance despite claiming 40 years of experience in the ophthalmic industry.

Allegations and Demands

Kalra alleged that Gupta's corporate bodies abroad have never delivered profits. In a bold move, the shareholder demanded Gupta's resignation within 10 days and made personal remarks about his leadership.

Stock Performance Concerns

The confrontation comes against a backdrop of weak stock performance for GKB Ophthalmics. The company's shares have seen a significant decline:

However, there has been a recent recovery, with the stock showing a 10.51% increase over the past three months.

AGM Proceedings

Despite the confrontation, the AGM proceeded with its agenda. The meeting, conducted through video conferencing, saw the passage of several resolutions:

1. Adoption of Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2025
2. Re-appointment of Mr. Cedric Lobo as a director
3. Appointment of Ms. Girija Nagvekar as Secretarial Auditor
4. Approval of material related party transactions
5. Fresh approval of the company's borrowing limit
6. Creation of mortgages/charges on the company's assets

All resolutions were passed with the requisite majority, with 100% of the votes cast in favor for most items.

Shareholder Participation

The AGM saw participation from 55 shareholders, including 6 from the promoter and promoter group, and 49 from the public. The total number of votes polled varied for different resolutions, ranging from 161,904 to 869,997 votes.

While the shareholder's outburst has drawn attention to GKB Ophthalmics, the company continues to navigate its business operations amidst these challenges. The management's response to the criticism and its plans to address the stock performance concerns remain to be seen.

Thakkers Group Limited , a prominent real estate developer, has reported robust financial results for the first quarter, showcasing significant growth across key metrics.

Strong Revenue Growth

The company's total income for the quarter surged by 85.3%, reaching Rs 791.88 lakhs compared to Rs 427.30 lakhs in the same quarter of the previous year. This substantial increase in revenue highlights Thakkers Group's strong performance and market position.

Impressive Profit Increase

Thakkers Group's net profit for the quarter saw a remarkable 68% increase, rising to Rs 261.20 lakhs from Rs 155.45 lakhs year-on-year. This significant growth in profitability demonstrates the company's ability to effectively manage costs while expanding its operations.

Improved Earnings Per Share

The company's earnings per share (EPS) showed a notable improvement, increasing to Rs 16.50 from Rs 9.82 in the corresponding quarter of the previous year. This rise in EPS reflects the company's enhanced profitability and its positive impact on shareholder value.

Sequential Performance

While the year-on-year growth was impressive, it's worth noting that on a sequential basis, the company's revenue experienced a marginal decline from Rs 871.88 lakhs in the previous quarter to Rs 791.88 lakhs in the current quarter.

Strengthened Financial Position

Thakkers Group's financial position continued to strengthen, with reserves growing to Rs 5815.20 lakhs from Rs 5467.49 lakhs a year ago. The company's paid-up equity share capital remained stable at Rs 158.33 lakhs.

Financial Highlights

The significant growth in revenue and profitability showcases Thakkers Group Limited's strong performance in the real estate sector. The company's ability to substantially increase its income and net profit year-on-year indicates effective business strategies and robust market demand for its offerings.

As the real estate market continues to evolve, Thakkers Group's financial results suggest it is well-positioned to capitalize on opportunities in the sector. Investors and stakeholders will likely keep a close eye on the company's future performance to see if this growth trajectory can be maintained in the coming quarters.