ALPHA TRIBE

GG Automotive Gears LtdOthers, 25-08-2025: Others

25-08-2025 | 06:40 pm

G.G. Automotive Gears has announced its 51st Annual General Meeting for September 18, 2025, via video conference. For the financial year 2024-25, the company reported a total income of ₹114.32 Cr, a 20% increase, and a net profit of ₹7.75 Cr, up 75%. This growth is supported by strong demand in railway and metro sectors, alongside strategic operational improvements and significant capital expenditure for capacity expansion. The board plans re-appointments of Mr. Anmol Gajra and Mr. Pravin Kumar Shishodiya, and the appointment of Mr. Shriram Mishra as an Independent Director. Share capital expanded through warrant conversions, raising ₹5.26 Cr and later ₹2.21 Cr. No dividend was proposed. The company’s credit rating was reaffirmed at ‘Crisil BBB-/Stable/Crisil A3’.

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