Latest news about GOCL Corporation
GOCL Corporation
351.65
-10.80(-2.98%)
Company Performance:
View Company Insights1D-2.98%
1M-9.43%
6M+39.05%
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5Y+32.10%
More news about GOCL Corporation
03Sept 26
GOCL Corp advances HNPCL merger, targets 600MW thermal expansion
GOCL Corporation advances scheme of merger with HNPCL. Subsidiary operates 1,040MW power generation capacity. Company targets additional 600MW thermal capacity. Strategy focuses on expanding power generation footprint.
02Sept 26
GOCL Corporation files FY26 sustainability report highlighting operational shifts
GOCL Corporation filed its FY26 BRSR, highlighting a turnover split of 50% from real estate and 24% from EMS. Total energy consumption fell sharply to 396,160 Million Joules from 4,616,744 Million Joules in FY25. Water withdrawal reduced to 41,196 kilolitres with no liquid discharge reported for the year. Employee count stands at 61 permanent staff with a turnover rate of 27% for the year. The company reported nil greenhouse gas emissions and minimal waste generation of 0.039 MT.
13Aug 26
GOCL Corp Q1 Results: Net Profit Falls 18% YoY to ₹439M
GOCL Corporation's Q1 results show a contraction in key financial metrics. Revenue dropped to ₹631 million from ₹865 million, while net profit fell to ₹439 million from ₹537 million year-on-year. The decline in both figures points to reduced operational scale during the quarter.
12Jul 26
GOCL Corporation approves Ravi Jain's re-appointment as CFO
GOCL Corporation Limited secured shareholder approval for the re-appointment of Mr. Ravi Jain as Whole-Time Director & Chief Financial Officer and for material related party transactions. The resolutions were passed through a remote e-voting process conducted between June 8, 2026, and July 7, 2026. The special resolution for Mr. Ravi Jain's re-appointment received 99.98% of votes in favour, while the ordinary resolution for related party transactions passed with 91.86% of votes in favour.
20Jun 26
GOCL Corporation closes trading window for Q1FY27 results
GOCL Corporation has closed its trading window for designated persons and their immediate relatives from July 1, 2026, until 48 hours after the declaration of its unaudited Q1FY27 results ending June 30, 2026. The Board Meeting date for the results will be announced later.
09Jun 26
GOCL seeks nod for CFO re-appointment and related party deals
GOCL Corporation Limited has called for a postal ballot to seek shareholder approval for the re-appointment of Mr. Ravi Jain as Whole-Time Director & Chief Financial Officer and to ratify material related party transactions. The resolutions, if passed, will authorize Mr. Jain’s tenure for a further period of one year effective from July 4, 2026, to July 3, 2027, and approve financial guarantees provided to group entities.
30May 26
GOCL Corporation FY26 Net Profit Soars; Q4 Profit at ₹751M, Dividend Declared
GOCL Corporation reported a sharp rise in FY26 consolidated net profit to ₹1,52,194.70 lakh, driven by ₹1,24,235.91 lakh from discontinued operations. Q4 net profit grew to 751M rupees from 230M rupees YoY, with total income at 787M versus 596M rupees. The board recommended a ₹30 per share dividend and ratified corporate guarantees of ₹1,31,600 lakhs, with post-facto shareholder approval being sought.
23May 26
GOCL gets NSE no objection for Hinduja National Power merger
GOCL Corporation Limited received a 'No Objection' letter from the NSE on May 22, 2026, regarding its merger with Hinduja National Power Corporation Limited. The approval is valid for six months and requires compliance with specific conditions before filing the petition with the NCLT.
19May 26
GOCL board to consider FY26 results on May 29
GOCL Corporation Limited will hold a board meeting on May 29, 2026, to approve audited financial results for Q4 and FY26 and consider a potential dividend. The trading window for designated persons remains closed until 48 hours post-results declaration.
22Apr 26
GOCL Corporation Faces Endowment Tribunal Order on Kukatpally Land Alienation
GOCL Corporation Limited disclosed ongoing proceedings with the Endowment Tribunal, Telangana regarding an order directing the company not to alienate its leased land at Kukatpally, Hyderabad or provide adequate security. The company is reviewing the order and seeking legal advice, but assesses no material adverse impact on operations or financial position. GOCL will continue monitoring and make further disclosures as required under applicable regulations.
09Apr 26
GOCL Corporation's EMS Facility at Hyderabad Becomes Fully Operational
GOCL Corporation Limited has successfully made its Electronics Manufacturing Services facility at Gummadidala, near Hyderabad, fully operational following receipt of the factory license. This operational milestone represents the company's strategic expansion into the electronics manufacturing sector and positions it to serve clients in the EMS market.
07Apr 26
GOCL Corporation Limited Submits Q4FY26 Compliance Certificate Under SEBI Regulations
GOCL Corporation Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate from KFin Technologies Limited confirms compliance with dematerialization requirements including processing requests, verifying listings, cancelling certificates, and updating records. The submission to BSE and NSE on April 06, 2026, demonstrates the company's adherence to regulatory obligations for share transfer operations.
02Apr 26
GOCL Corporation Limited Relocates Registered Office to Visakhapatnam Effective April 01, 2026
GOCL Corporation Limited has relocated its registered office to Plot No. 63-66, AIE Industrial Park, Pedagantyada, Gajuwaka, Visakhapatnam - 530044, Andhra Pradesh, effective April 01, 2026. The Board of Directors approved this move following previous communications in October, November, and December 2025. The company is filing necessary regulatory forms with the Registrar of Companies and will submit altered documentation upon receiving the revised certificate.
24Mar 26
GOCL Corporation Board Approves Ecopolis Land Sale for ₹2,261 Crore
GOCL Corporation has received Board approval for the early monetization of its 38-acre Ecopolis land in Yelahanka, Bengaluru, for ₹2,261 crore. The company will receive approximately ₹815 crore from this strategic asset divestment under a joint development agreement with Hinduja Realty Ventures Limited.
11Feb 26
GOCL Corporation Reports Strong Q3FY26 Results with Net Profit of Rs. 21,027.21 Lakhs
GOCL Corporation Limited reported exceptional consolidated financial results for Q3FY26 with net profit of Rs. 21,027.21 lakhs, representing a 128% increase from the previous year quarter. The nine-month net profit surged to Rs. 1,44,684.81 lakhs, marking a remarkable 979% growth. The strong performance was primarily driven by the successful divestment of IDL Explosives Limited for Rs. 10,700 lakhs, generating a gain of Rs. 14,150.30 lakhs. The company operates through Electronics Manufacturing Services and Realty segments, with significant contributions from discontinued operations.
31Dec 25
GOCL Corporation Files Petition with MCA for Registered Office Relocation to Andhra Pradesh
GOCL Corporation Limited has officially filed its petition with the Regional Director, Ministry of Corporate Affairs seeking approval for the proposed relocation of its registered office from Telangana to Andhra Pradesh. This regulatory filing represents the next step following the company's earlier shareholder consultation process through postal ballot, as part of GOCL's strategic transformation focusing on power business operations and improved operational efficiency near Visakhapatnam.
15Dec 25
GOCL Corporation Board Approves Merger Scheme with HNPCL at 206:10,000 Ratio
GOCL Corporation Limited's board approved a merger by absorption scheme with Hinduja National Power Corporation Limited (HNPCL) with a share exchange ratio of 206 GOCL shares for every 10,000 HNPCL shares. The merger combines HNPCL's power generation business (₹2,436.94 crores FY25 revenue) with GOCL's Electronic Manufacturing Services and Realty operations (₹18.19 crores FY25 revenue), aiming for strategic restructuring and enhanced shareholder value.
10Dec 25
GOCL Corporation Confirms December 15 Board Meeting for HNPCL Merger Approval
GOCL Corporation has officially scheduled a board meeting for December 15, 2025, to consider the Scheme of Merger by Absorption of Hinduja National Power Corporation Limited. The company has implemented trading window restrictions from December 10, 2025, in compliance with SEBI insider trading regulations, with formal notifications sent to BSE and NSE.
17Nov 25
Apollo Micro Systems Strengthens Defence Portfolio with IDL Explosives Acquisition
Apollo Micro Systems Limited has acquired IDL Explosives Limited through its subsidiary, Apollo Defence Industries Private Limited. The acquisition gives Apollo 100% ownership of IDL Explosives, previously owned by GOCL Corporation. This strategic move enhances Apollo's capabilities in defence-grade explosives, propellants, and warhead systems, complementing its existing expertise in weapon system electronics. IDL Explosives operates manufacturing units in Rourkela and other locations. The acquisition aligns with Apollo's growth strategy in the defence sector and marks GOCL Corporation's exit from the explosives business as it shifts focus to become an energy company.
14Nov 25
GOCL Corporation Shareholders Approve Office Relocation and Memorandum Amendments
GOCL Corporation Limited's shareholders have overwhelmingly approved two special resolutions via postal ballot. The first resolution allows the company to shift its registered office from Telangana to Andhra Pradesh. The second approves amendments to the company's Memorandum of Association. Both resolutions received 99.9979% votes in favor. The voting process, conducted through remote e-voting, concluded on November 12. Haribhakti & Co. LLP served as independent auditors for the voting process, ensuring compliance with SEBI regulations.
14Nov 25
GOCL Corporation Reports Strong Q2 Results with Major Land Sale and Subsidiary Divestment
GOCL Corporation's Q2 and half-year results show significant gains driven by major transactions. The company recorded ₹1,955.18 lakhs from continuing operations and ₹1,37,121.69 lakhs from discontinued operations in land sales. GOCL also divested its subsidiary, IDL Explosives Limited, to Apollo Defence Industries for ₹10,700 lakhs. Additionally, the company sold 142.65 acres of Kukatpally land to Squarespace Builders. These strategic moves, including asset monetization and business restructuring, are expected to strengthen GOCL's financial position despite a previously reported 9.58% decline in total income for Q2.
10Sept 25
GOCL Corporation's IDL Explosives Ban Reduced, Regains Eligibility for Coal India Tenders
IDL Explosives Limited (IDLEL), a subsidiary of GOCL Corporation, has had its ban period reduced from two years to one year by Coal India Limited (CIL). This decision came after IDLEL pursued the matter in the Calcutta High Court. The one-year ban period has already concluded, making IDLEL immediately eligible to participate in future tenders from CIL and other public sector undertakings. This development is expected to positively impact GOCL Corporation's business prospects in the explosives sector.
04Sept 25
GOCL Corporation Completes Sale of 142 Acres in Hyderabad, Secures Extension for Remaining Land
GOCL Corporation has sold 142 acres of land in Kukatpally, Hyderabad, out of its 264.50-acre holding. The company has also obtained an extension until August 2026 to sell the remaining land, as agreed with Squarespace Builders Private Limited. This development marks significant progress in GOCL's land monetization efforts, potentially impacting its financial position and future strategies.
01Sept 25
GOCL Corp Board Approves Acquisition of 1,040 MW Thermal Power Plant
GOCL Corporation's board has given in-principle approval to acquire a 1,040 MW thermal power plant near Visakhapatnam from Hinduja National Power Corporation Limited (HNPCL). This move signals GOCL's expansion into the energy sector, potentially diversifying its revenue streams and strengthening its market position. The acquisition is still in its initial stages and will require further steps, including due diligence and regulatory approvals, before completion.
29Aug 25
GOCL Corp Expands into Power Sector with 1,040 MW Thermal Power Acquisition Plan
GOCL Corporation Limited has approved a plan to acquire Hinduja National Power Corporation Limited's (HNPCL) 1,040 MW thermal power operations near Visakhapatnam, Andhra Pradesh. This move marks GOCL Corp's entry into the power generation sector. HNPCL reported an income from operations of ₹3,573.36 crores and a net profit of ₹996.97 crores in its latest audited financial statements. The acquisition is subject to due diligence and is part of GOCL Corp's strategy to deploy surplus liquidity following recent asset monetization.
23May 25
GOCL Corp Reports Strong Q4 Results with 371% Surge in Net Profit, Announces Dividend
GOCL Corporation Limited reported a consolidated net profit of ₹231.00 crore for Q4, up 371% year-over-year, despite an 11.4% revenue decline to ₹140.00 crore. The company's board recommended a dividend of ₹10.00 per equity share. Financial data shows a 500% increase in net profit to ₹92.40 crore, with revenue rising 39.5% to ₹328.30 crore. Other income grew significantly by 178.7% to ₹190.10 crore, offsetting a 484.9% decline in operating profit. Earnings per share improved from ₹3.12 to ₹18.64.
22May 25
GOCL Corp's Q4 Net Profit Surges, Announces Dividend
GOCL Corporation Limited reported a significant increase in Q4 consolidated net profit, rising to ₹231.00 crore from ₹49.00 crore year-over-year. However, revenue decreased by 11.39% to ₹140.00 crore. The company's board recommended a dividend of ₹10.00 per equity share. Compared to the previous quarter, net profit declined from ₹924.00 crore.
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