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Switching Technologies Gunther LtdImportant, 14-08-2026: Company Update

14-08-2026 | 11:12 am

Switching Technologies Gunther Limited's Board of Directors approved the financial results for the quarter ended June 30, 2026, at its meeting on August 12. The company reported a net loss of 1.69 Cr for the quarter. Accumulated losses now total 10.02 Cr, eroding its net worth, with current liabilities exceeding assets by 2.98 Cr, though it operates as a going concern. Separately, two entities acquired a 20.64% shareholding in the company. The company also received 3.00 Cr as an advance for a business transfer with a total consideration of 4.25 Cr, and shareholders approved acquiring two companies via share swap.

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