Switching Technologies Gunther
65.21
-3.09(-4.52%)
Market Cap₹15.94 Cr
PE Ratio-2.42
Company Performance:
1D-4.52%
1M-19.97%
6M-2.01%
1Y-2.90%
5Y+116.64%
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More news about Switching Technologies Gunther
16Feb 26
Switching Technologies Gunther Limited Reports Q3 FY26 Net Loss of ₹211.05 Lakhs
Switching Technologies Gunther Limited announced Q3 FY26 financial results showing continued losses with net loss of ₹211.05 lakhs and revenue decline to ₹192.77 lakhs. The company faces severe financial challenges with complete erosion of net worth and current liabilities exceeding assets by ₹1,208.29 lakhs, while announcing major corporate developments including share purchase agreement and business diversification into food processing.
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24Jan 26
Switching Technologies Gunther Limited Announces Major Ownership Change Through ₹2.77 Crore Share Purchase Agreement
Switching Technologies Gunther Limited has signed a Share Purchase Agreement on January 24, 2026, for the sale of 9,22,000 equity shares (37.6327% stake) from promoter Guenther America Inc to acquirers BBU Enterprises Private Limited, Touristas Horizons Private Limited, and Mr. Nikhil Pujari for ₹2,76,60,000. The transaction will result in change of management and control, with existing promoters ceasing control and board composition changes. The deal is subject to regulatory approvals and mandatory open offer completion under SEBI takeover regulations.
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22Jan 26
Switching Technologies Gunther Limited Revises Board Meeting Outcome After Withdrawing Share Purchase Agreement
Switching Technologies Gunther Limited revised its January 19, 2026 board meeting outcome, withdrawing approval for a share purchase agreement that was removed before the meeting began. The board approved amendments to the company's Memorandum of Association and authorization for an Extraordinary General Meeting. The company clarified the original document's error was unintentional and occurred due to timing constraints with the mandatory 30-minute filing requirement.
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05Jan 26
Switching Technologies Gunther Limited Confirms No Commercial Papers Outstanding for Q3FY26
Switching Technologies Gunther Limited filed a compliance disclosure with BSE on January 5, 2026, confirming no issuance of Commercial Papers, NCDs, or NCRPs for Q3FY26 period ended December 31, 2025. The company stated no repayment or interest obligations arise, with additional disclosures to accompany upcoming unaudited financial results.
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12Dec 25
STG Technologies Gunther Executes INR 4.20 Crore Business Transfer Agreement
Switching Technologies Gunther Limited has successfully executed a business transfer agreement with Canolli Manufacturing Private Limited on December 11, 2025, valued at INR 4.20 crore. The transaction, structured as a slump sale on going concern basis, received shareholder approval during an EGM held on November 6, 2025, and includes comprehensive transfer of assets, intellectual property, business contracts, and identified employees.
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30Oct 25
Guenther America Inc. Transfers 3.78 Lakh Shares of Switching Technologies Gunther
Switching Technologies Gunther Limited's promoter, Guenther America Inc., has transferred 3,78,000 shares through open market sales from October 24-29, 2025. This reduced their shareholding from 53.06% (13,00,000 shares) to 37.63% (9,22,000 shares). The transfer occurred in three tranches: 3,000 shares on October 24, 3,00,000 shares on October 27, and 75,000 shares on October 29. The company has complied with SEBI regulations by disclosing this insider trading activity.
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24Oct 25
Asscue Management Services Acquires 7.36% Stake in Switching Technologies Gunther
Asscue Management Services Pvt Ltd, along with Kriansh Nirmaan Pvt Ltd, acquired a 7.36% stake (180,410 shares) in Switching Technologies Gunther Limited through open market purchases on October 20-21, 2025. The acquirers previously held no shares in the company. Switching Technologies Gunther has a total of 24,50,000 equity shares with a face value of Rs. 10 each.
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22Oct 25
Switching Technologies Gunther Reports Net Loss, Receives Acquisition Offer
Switching Technologies Gunther Limited reported a net loss of ₹174.69 lakhs for Q2 FY2026, improving from ₹191.33 lakhs loss in Q2 FY2025. Revenue increased to ₹221.80 lakhs from ₹197.81 lakhs. The company's accumulated losses reached ₹1,868.57 lakhs, eroding its net worth. Canolli Manufacturing Private Limited offered to acquire the entire business for ₹4.20 crores, slightly above the independent valuation of ₹4.18 crores. The board approved the offer, pending shareholder approval at an extraordinary general meeting.
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17Oct 25
Switching Technologies Gunther Reports Rs 174.69 Lakh Loss, Board Approves Business Sale for Rs 4.2 Crore
Switching Technologies Gunther Limited (STGL) reported a net loss of Rs 174.69 lakhs for Q2 FY2026, despite a 10.06% increase in total revenue to Rs 221.80 lakhs. The company's accumulated losses reached Rs 1,868.57 lakhs, with current liabilities exceeding current assets by Rs 1,001.73 lakhs. In response to financial challenges, STGL's board approved a potential sale of its entire business to Canoli Manufacturing Private Limited for Rs 4.20 crore, subject to shareholder approval.
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24Sept 25
Switching Technologies Gunther to Sell Business Undertaking for INR 4.2 Crores Amid Financial Challenges
Switching Technologies Gunther Limited (STGL) has agreed to sell its entire business undertaking to Canolli Manufacturing Private Limited for INR 4.2 crores. The decision comes amid declining financial performance, with STGL reporting a turnover of INR 7.71 crores, net worth of -INR 12.81 crores, and accumulated losses of INR 1,526.19 lakhs in FY 2025. The sale includes all assets, properties, intellectual property, business contracts, and identified employees. Shareholder approval is required, with an extraordinary general meeting scheduled for October 2025. The transaction is classified as a related party deal, with Canolli Manufacturing's shareholders having connections to STGL's promoter.
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