GKB Ophthalmics Ltd — Important, 22-09-2025: Company Update
22-09-2025 | 05:24 pm
22-09-2025 | 05:24 pm
GKB Ophthalmics announced that its material subsidiary, GSV Ophthalmics Private Limited, proposed voluntary liquidation. The Board reviewed the proposal, noting GSV has had no business operations, earning only passive income. Its liquidation will not affect GKB's core business operations, primarily impacting 'other income' on consolidated financials. GSV's main asset is a Rs. 5.00 Cr unsecured loan to GKB, which GKB will repay. GKB's 79.54% equity investment in GSV will be returned after liquidation. The Board approved initiating shareholder approval for this liquidation. Last fiscal, GSV's total income was Rs. 1.16 Cr (1.05% of consolidated) and net worth Rs. 16.21 Cr (28.72% of consolidated).
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