GNA Axles Limited has issued a comprehensive postal ballot notice seeking shareholder approval for the reappointment of three executive directors through special resolutions. The notice, dated February 6, 2026, outlines the company's proposal to ensure leadership continuity by extending the tenure of key management personnel.

Director Reappointment Proposals

The postal ballot encompasses three critical appointments that require shareholder approval through special resolutions:

Remuneration Structure

The proposed remuneration packages reflect the seniority and responsibilities of each position. Both Mr. Jasvinder Singh and Mr. Ranbir Singh are proposed to receive monthly remuneration in the scale of Rs. 10,00,000-50,000-12,00,000, while Mr. Maninder Singh's remuneration is structured at Rs. 600000-50,000-7,00,000 per month. Additionally, both senior executives will be entitled to a commission of 1 percent on the company's before-tax profits annually.

The remuneration packages include comprehensive perquisites covering housing allowances, medical reimbursements, leave travel concessions, club fees, and provision of company car and telephone facilities. These benefits are structured to not exceed one year's salary during each year of appointment.

E-Voting Process and Timeline

The company has implemented a comprehensive e-voting mechanism to facilitate shareholder participation:

Regulatory Compliance and Justification

The reappointments are being sought through special resolutions in compliance with Regulation 17(6)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates shareholder approval through special resolution when the aggregate remuneration payable to executive directors who are promoters exceeds 5% of the company's net profits.

The company has highlighted the extensive experience of the proposed appointees, with Mr. Jasvinder Singh bringing over 43 years of experience in the auto components industry, Mr. Ranbir Singh contributing more than 42 years of expertise, and Mr. Maninder Singh offering over 39 years of industry experience. All three directors have been associated with the company since its inception and have played pivotal roles in its growth and expansion.

Shareholder Communication

The postal ballot notice has been distributed exclusively through electronic mode to shareholders whose email addresses are registered with the company or depositories as of the cut-off date. The notice is accessible on the company's website at www.gnaaxles.in and the e-voting agency's portal at www.instavote.linkintime.co.in . The company has ensured comprehensive accessibility by providing detailed instructions for various categories of shareholders, including those holding securities in demat mode with NSDL, CDSL, and physical form holders.

GNA Axles has announced its unaudited financial results for the third quarter ended December 31, 2025, showcasing robust profitability growth and operational efficiency improvements. The company delivered strong bottom-line performance with significant margin expansion, reflecting effective cost management strategies.

Strong Profitability Performance

The company reported impressive financial metrics for Q3FY26, demonstrating its ability to enhance operational efficiency. GNA Axles achieved substantial growth in key profitability indicators while maintaining stable revenue performance.

Exceptional Margin Expansion

GNA Axles demonstrated remarkable operational efficiency with significant margin improvements across key metrics. The company's focus on cost optimization and operational excellence translated into substantial profitability gains, highlighting strong underlying business fundamentals and effective strategic execution.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, the company maintained consistent performance trends with revenue from operations at ₹1,067.48 crores compared to ₹1,162.24 crores in the corresponding period. Net profit for the nine-month period reached ₹861.84 crores versus ₹816.74 crores, representing steady growth momentum.

Board Meeting and Compliance

The Board of Directors approved these unaudited financial results in their meeting held on February 6, 2026, which commenced at 1:00 PM and concluded at 2:30 PM. The results were reviewed by the Audit Committee and subsequently approved by the Board in compliance with SEBI regulations. The financial statements have been prepared in accordance with Indian Accounting Standards and received a clean limited review report from statutory auditors G.S. Syal & Co.