Gujarat Poly Electronics Ltd — Results, 29-07-2025: Result

Gujarat Poly Electronics has announced the outcomes of its recent board meeting. The board approved the financial results for the quarter ended June 30, 2025. A key decision involves the sale of the company's leasehold rights to its Gandhinagar plot and factory building to Tirex Transmission Private Limited for 29 Cr. While this property contributed 17.79 Cr to last year's turnover, the company stated operations are moving to a new location, and turnover will not be affected. Additionally, the board increased limits for loans, investments, and guarantees from 35 Cr to 60 Cr, enhancing financial flexibility. An Extra Ordinary General Meeting will be held on September 1, 2025, for shareholder approval of the property sale and increased financial limits.