GG Automotive Gears Ltd — Updates, 17-05-2025: Company Update

G. G. Automotive Gears Limited has announced a board meeting on May 8, 2025, where it approved the audited financial results along with the auditors’ report, cash flow statement, and statement of assets and liabilities for the quarter and year ended March 31, 2025. The company reported operating income growth, with net profit at Rs. 2.15 Cr for the year. It issued 11.68 lakh equity shares at Rs. 60 each through share warrant conversions, raising Rs. 7.01 Cr, increasing paid-up equity capital to Rs. 9.5 Cr. The proceeds have been fully utilized for intended purposes. The audit report issued an unmodified opinion on these results.