Gujarat Poly Electronics Ltd — Board Meeting, 29-07-2025: Board Meeting

Gujarat Poly Electronics has announced a board meeting outcome. The Board approved the financial results for the quarter ended June 30, 2025. A key decision involves the sale of the leasehold rights to its 12,022.40 square meter land and factory building at Gandhinagar to Tirex Transmission Private Limited for 29 Cr. The company also approved increasing its financial limits for loans, investments, and guarantees from 35 Cr to 60 Cr, enhancing its financial flexibility. An Extra Ordinary General Meeting will be held on September 1, 2025, to seek shareholder approval for these significant asset disposal and financial limit increases. The company will continue using the current registered office premises temporarily.