Latest news about Suyog Gurbaxani Funicular Ropeways
Suyog Gurbaxani Funicular Ropeways
95.00
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M0.00%
6M-19.87%
1Y-25.98%
5Y+110.64%
More news about Suyog Gurbaxani Funicular Ropeways
24Feb 26
SGFRL Promoter Transfers 4.97 Lakh Equity Shares Through Off-Market Deal
Suyog Gurbaxani Funicular Ropeways Limited announced an off-market transfer of 4,97,600 equity shares from promoter Arvind Lature to Sarvatra Finance Private Limited, representing 2% of total share capital. The transaction, executed between February 17-18, 2026, was disclosed to BSE Limited under SEBI's SAST Regulations, with the transferee being owned and controlled by the same promoter, making it an inter-group restructuring rather than external disposal.
06Feb 26
Suyog Gurbaxani Funicular Ropeways Board Approves Share Reclassification and Notes BSE Fine
Suyog Gurbaxani Funicular Ropeways Limited's board meeting on February 06, 2026, approved filing for reclassification of 71,250 equity shares from promoter group to public category as requested by Mr. Somnath Gurushantappa Lature. The board also acknowledged a BSE fine of ₹23,600 for non-compliance with SEBI regulations for the period ended September 30, 2025. The company has rectified the compliance issues and paid the fine within the stipulated time, with minimal impact on overall operations.
19Jan 26
SGFRL Successfully Completes and Inaugurates Ropeway Project at Haji Malang, Maharashtra
Suyog Gurbaxani Funicular Ropeways Limited successfully completed and inaugurated its ropeway project at Haji Malang, Maharashtra on January 18, 2026. The project was developed under an EPC Agreement with Supreme Suyog Funicular Ropeways Private Limited and represents a significant operational milestone for the company. The announcement was made under SEBI Listing Regulations as part of ordinary business operations.
13Jan 26
Suyog Gurbaxani Funicular Ropeways Appoints B. Padmanabhan as Additional Independent Director
Suyog Gurbaxani Funicular Ropeways Limited appointed Mr. B. Padmanabhan as Additional Independent Director for a five-year term from January 13, 2026, to January 12, 2031, subject to shareholder approval. Mr. Padmanabhan brings over 40 years of finance experience, including roles as Group CFO of India's second-largest auto component group and expertise in M&A transactions up to $100 million. He is a fellow member of ICAI, registered with IICA as Individual Independent Director, and currently operates PRABAL Consultancy Services with extensive international experience across multiple jurisdictions.
28Nov 25
Suyog Gurbaxani Funicular Ropeways Reports Share Transmission from Deceased Promoter
Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) announced the transmission of 399,999 fully paid-up shares from Late Mr. Vivek Gurushantappa Lature to his legal heir, Ms. Sakshi Vivek Lature. This change in promoter group shareholding, effective November 26, 2025, will be reflected in the company's shareholding pattern for Q4 2025. The company made this voluntary disclosure, stating it doesn't materially impact shareholding or control under SEBI regulations.
19Nov 25
Suyog Gurbaxani Funicular Ropeways Reports Strong Half-Year Results, Announces Board Changes
Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) reported robust financial results for the half year ended September 30, 2025. Revenue reached Rs 27.19 crore, with a profit of Rs 5.58 crore. Cash and cash equivalents significantly increased to Rs 74.14 crore from Rs 0.16 crore in the previous period. The company announced board changes, including the resignation of Mr. Ramlal Sarote as Independent Director and the reconstitution of its Audit and Nomination and Remuneration Committees. Shri Nandan Kumar Basu was appointed as the new Chairman of the Audit Committee and joined the Nomination and Remuneration Committee.
12Nov 25
Suyog Gurbaxani Funicular Ropeways Reports Strong H1 FY2026 Results and Board Changes
Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) announced unaudited financial results for H1 FY2025-26. Revenue from operations reached ₹27.19 crore, with a net profit of ₹5.58 crore. Cash and cash equivalents significantly increased to ₹74.14 crore from ₹0.16 crore previously. Long-term borrowings rose to ₹161.61 crore. The company also reported board-level changes, including the resignation of Mr. Ramlal Sarote as Independent Director and reconstitution of Audit and Nomination and Remuneration Committees. Shri Nandan Kumar Basu was appointed as Chairman of the Audit Committee and member of the Nomination and Remuneration Committee.
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