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Geekay Wires LimitedImportant, 20-06-2025: Disclosure of material issue

20-06-2025 | 08:05 pm

Geekay Wires Limited has announced a board meeting on June 30, 2025, to consider the financial results for the quarter and half-year. Meanwhile, there was a notable insider purchase: Mrs. Renu Kandoi, an immediate relative of a Director and part of the promoter group, acquired 15,608 shares on the market, signaling confidence from within the promoter family.

**Issue:** Insider transactions heighten scrutiny around share dealings, potentially impacting market perception.

**Impact:** The purchase by a promoter-relative may be viewed positively by investors as a sign of confidence in the company’s prospects.

**Company Response:** The company has complied with disclosures to the exchange, ensuring transparency around insider transactions.

Investors should watch the upcoming financial results for insights into operational performance and future outlook.

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