📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
GM Breweries Shareholders Approve Appointment of Three Independent Directors at EGM
GM Breweries Limited held an Extraordinary General Meeting (EGM) on February 05, 2026, where shareholders voted on the appointment of three independent directors. All three resolutions were passed as Special Resolutions with nearly 100% shareholder support. Mr. Hardik Shah, Ms. Jyoti Soni, and Ms. Shivani Soni have been officially appointed to the board. This move ensures the company remains compliant with corporate governance and board diversity regulations.
Key Highlights
Appointment of Mr. Hardik Shah as Independent Director approved with 100% (1,73,35,623) votes in favor.
Ms. Jyoti Soni appointed as Independent Women Director with 1,73,35,512 votes in favor and only 76 against.
Ms. Shivani Soni appointed as Independent Women Director with 1,73,35,547 votes in favor and 41 against.
A total of 50,696 shareholders were on record for the meeting conducted via video conferencing.
All resolutions were passed as Special Resolutions with the required majority.
💼 Action for Investors
Investors should note these appointments as routine corporate governance measures to maintain board independence. No immediate portfolio action is required based on these results.
GM Breweries Q3 FY26 Results: Net Profit Flat at ₹22.54 Cr, Revenue Up 4.2% YoY
GM Breweries Limited reported a marginal 4.2% year-on-year increase in gross revenue to ₹165.15 crore for the quarter ended December 31, 2025. However, net profit remained stagnant at ₹22.54 crore compared to ₹22.53 crore in the same period last year, reflecting margin pressure. The company's Earnings Per Share (EPS) stood unchanged at ₹9.86. Additionally, the board approved the transition of its Registrar and Transfer Agent (RTA) to Purva Sharegistry (I) Pvt. Ltd.
Key Highlights
Gross revenue from operations increased to ₹165.15 crore in Q3 FY26 from ₹158.47 crore in Q3 FY25.
Net profit for the quarter was nearly flat at ₹22.54 crore versus ₹22.53 crore YoY.
Total expenses rose to ₹135.01 crore, up from ₹128.33 crore in the previous year's corresponding quarter.
Earnings Per Share (EPS) remained stable at ₹9.86 for the quarter.
The company announced a change in Registrar and Transfer Agent to M/s. Purva Sharegistry (I) Pvt. Ltd.
💼 Action for Investors
The stagnant profit growth despite higher sales suggests rising operational costs are impacting margins. Investors should maintain a cautious stance and monitor the company's ability to manage input costs in the single-segment country liquor business.
GM Breweries Approves Q3 FY26 Results; Appoints Purva Sharegistry as New RTA
GM Breweries Limited approved its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, during its board meeting on January 6, 2026. A key administrative update involves the change of the company's Registrar and Transfer Agent (RTA) from MUFG Intime India Private Limited to Purva Sharegistry (I) Pvt. Ltd. The statutory auditors, V. P. Mehta & Co., issued a clean limited review report with no material misstatements. The company continues to operate exclusively in the country liquor segment.
Key Highlights
Board approved unaudited standalone financial results for the quarter ended December 31, 2025.
Change of Registrar and Transfer Agent (RTA) to M/s. Purva Sharegistry (I) Pvt. Ltd. approved.
Statutory auditors provided a clean Limited Review Report for the nine-month period.
Company operations remain focused solely on the Country Liquor segment.
Board meeting commenced at 11:30 A.M. and concluded at 1:10 P.M. on January 6, 2026.
💼 Action for Investors
Investors should examine the detailed profit and loss statements for margin trends in the country liquor segment. The change in RTA is a routine administrative matter and does not affect the company's core business fundamentals.