Gujarat Poly Avx Electronics
89.25
+0.99(+1.12%)
Market Cap₹76.35 Cr
PE Ratio16.88
Company Performance:
1D+1.12%
1M-1.14%
6M+10.36%
1Y-5.56%
5Y+886.19%
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Latest news about Gujarat Poly Avx Electronics
Gujarat Poly Electronics to Sell Property for ₹29 Crore, Raises Investment Limits Jul 29, 2025
Gujarat Poly Avx Electronics Limited (GPEL) has approved the sale of its leasehold rights to a land plot and factory building to Tirex Transmission Private Limited for ₹29.00 crore. The property generated 100% of GPEL's revenue, but the company has made arrangements to relocate operations. The board also increased investment limits from ₹35.00 crore to ₹60.00 crore. An Extraordinary General Meeting is scheduled for September 1, 2025, to seek shareholder approval. GPEL will continue using part of the property as its registered office during the transition. The company's Q1 FY2026 financial results show significant improvement in income and profit compared to previous periods.
Gujarat Poly Avx Electronics Reports Strong Quarterly Results and Approves Property Sale to Tirex Transmission Jul 29, 2025