Gujarat Poly Avx Electronics
54.90
-1.38(-2.45%)
Market Cap₹46.92 Cr
PE Ratio1.69
Company Performance:
1D-2.45%
1M-19.15%
6M-43.07%
1Y-35.50%
5Y+701.46%
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More news about Gujarat Poly Avx Electronics
18Oct 25
Gujarat Poly Electronics Seals Rs 29 Crore Property Deal with Tirex Transmission
Gujarat Poly Avx Electronics Limited (GPEL) has agreed to sell its Gandhinagar assets, including land and building rights, to Tirex Transmission Private Limited for Rs 29 crore. The sale involves leasehold rights to a 12,022.40 sq. meter plot and ownership of the factory building. GPEL has received provisional transfer order from GIDC and shareholder approval. The property accounted for 100% of GPEL's turnover last fiscal year, but the company assures no adverse impact as operations will be relocated. The transaction is arm's length and not a related party deal, complying with SEBI regulations.
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29Jul 25
Gujarat Poly Electronics to Sell Property for ₹29 Crore, Raises Investment Limits
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.
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29Jul 25
Gujarat Poly Avx Electronics Reports Strong Quarterly Results and Approves Property Sale to Tirex Transmission
Gujarat Poly Avx Electronics Limited (GPEL) reported a 458.40% increase in net profit for Q1, reaching Rs. 282.93 lakhs. The company's board approved the sale of a property in Gandhinagar Electronic Estate for Rs. 29.00 crores to Tirex Transmission Private Limited. GPEL plans to relocate operations without affecting turnover. The board also approved an increase in lending and investment limits to Rs. 60.00 crores. An EGM is scheduled for September 1 to seek shareholder approval for these decisions.
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1 Year Returns:-35.50%
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