Switching Technologies Gunther
73.57
-1.50(-2.00%)
Market Cap₹18.03 Cr
PE Ratio-2.80
Company Performance:
1D-2.00%
1M+18.87%
6M-8.04%
1Y-16.06%
5Y+177.10%
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More news about Switching Technologies Gunther
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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1 Year Returns:-16.06%
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