Gulf Lloyds (India) Ltd

Gulf Lloyds (India) Limited informed the BSE Limited that the register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026, for the 12th Annual General Meeting scheduled to be held on September 30, 2026, with a record date of September 23, 2026. The company has also fixed September 23, 2026, as the cut-off date for shareholders to vote electronically or attend the AGM.

Gulf Lloyds (India) Limited informed the BSE Limited that its Board of Directors approved the appointment of M/s. Rishabh Shah and Associates, Practicing Company Secretaries, as the Secretarial Auditor for a period of five consecutive years, commencing from financial year 2026-27 till financial year 2030-31, subject to member approval at the company's 12th Annual General Meeting, and appointed Mr. Rishabh Shah of M/s. Rishabh Shah and Associates as the Scrutinizer for the remote e-voting process at the same meeting.

Gulf Lloyds (India) Limited will hold a board meeting on September 4, 2026, to determine the date and time of its Annual General Meeting and to approve a proposal to subscribe to 9,800 equity shares of Rs 10 each in a proposed subsidiary company, representing 98% of its paid-up share capital, for a total investment of Rs 98,000.

The scrip was listed at Rs 100, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 100 and a low of Rs 95. About 83,000 shares of the company changed hands at the counter. Gulf Lloyds (India)'s IPO was subscribed 10.35 times. The issue opened for bidding on 20 July 2026 and it closed on 22 July 2026. The price of the IPO was fixed at Rs 100 per share. The IPO comprised 18,19,200 equity shares. The promoter and promoter group shareholding diluted to 72.92% from 99.94% pre-offer. The company intends to utilize the net proceeds for capital expenditure for office premises, repayment of unsecured loan, working capital requirement and general corporate purpose. Gulf Lloyds (India) provides third-party inspection, auditing, certification, testing and training services to public and private sector clients across multiple industries. Established in 2014, the company helps organisations ensure quality, safety and regulatory compliance through technical inspection and verification services. As of 31 May 2026, the company had a total workforce of 715 employees. The company recorded consolidated revenue from operations of Rs 35.68 crore and consolidated net profit of Rs 4.30 crore for the period ended 31 March 2026. Powered by Capital Market - Live