GTN Textiles Ltd — Important, 24-03-2026: Company Update

A promoter, Shri Ankur Patodia, plans to transfer 13,11,771 equity shares to his wife, Smt Swati Patodia, who is also a promoter of the company. This off-market inter-se transfer, proposed for March 26, 2026, is a gift with no financial consideration. These shares represent 11.27% of the total paid-up capital. Following this internal family transaction within the promoter group, Smt Swati Patodia's shareholding will increase from 2.34% to 13.60%, while Shri Ankur Patodia's holding will become 0%. This shift consolidates promoter ownership without impacting the company's overall control or public float.