Gloster Ltd

Gloster Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from Wednesday, October 2026, and will remain in effect until 48 hours after the declaration of the company's financial results for the quarter ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later. This measure is in line with SEBI regulations and the company's internal code of conduct regarding insider trading.

Gloster Ltd has resubmitted its filings regarding the resignation of Mr. Yogendra Singh and the appointment of Mrs. Meeta Khare as an Additional Non-Executive Non-Independent Director. The company attributed the initial omission to an inadvertent miss. Mr. Singh's resignation is effective August 7, 2026, due to the completion of his nominee directorship term on behalf of LIC. Mrs. Khare, with a B.Sc. in Operational Research and prior experience as Executive Director (Estates) at LIC, has been appointed to represent LIC on the board.

Gloster Ltd has announced changes in its board of directors. Shri Yogendra Singh has resigned as a Non-Executive Non-Independent Director, effective August 7, 2026, due to the conclusion of his term representing LIC. Concurrently, Smt. Meeta Khare has been appointed as an Additional Non-Executive Non-Independent Director, also effective August 7, 2026, to represent LIC on the board. Smt. Khare holds a B.Sc. in Operational Research and previously served as an Executive Director (Estates) at LIC.

Gloster Ltd has announced changes in its board of directors. Shri Yogendra Singh, Non-Executive Non-Independent Director, has resigned from the board effective August 7, 2026, due to the completion of his term representing LIC. Concurrently, Smt. Meeta Khare has been appointed as an Additional Non-Executive Non-Independent Director, effective August 7, 2026, to represent Life Insurance Corporation of India (LIC). Smt. Khare holds a B.Sc. in Operational Research and previously served as Executive Director (Estates) at LIC.

Gloster Ltd announced the resignation of Shri Yogendra Singh, Non-Executive Non-Independent Director, effective August 7, 2026, due to the completion of his term representing LIC. Concurrently, the company appointed Smt. Meeta Khare as an Additional Non-Executive Non-Independent Director, also effective August 7, 2026, to represent Life Insurance Corporation of India (LIC). Smt. Meeta Khare holds a B.Sc. in Operational Research and previously served as Executive Director (Estates) at LIC.

Gloster Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 7, 2026. The results were prepared in accordance with Indian Accounting Standard 34 and include a limited review report from the statutory auditors. The report notes goodwill amortization of ₹14,165.59 lakhs.

Gloster's consolidated Q1 FY27 print (basis: consolidated, primary) shows a net loss of ₹2.34 Cr, reversing a profit of ₹3.00 Cr in the year-ago quarter and ₹8.21 Cr last quarter, even as consolidated revenue grew 39.9% YoY to ₹427.39 Cr (+12.9% QoQ). NPM turned negative at -0.54% versus +0.97% YoY and +2.12% QoQ, and OPM compressed to 8.69% from 9.83% YoY and 10.74% QoQ. Gloster is a micro-cap (~₹780 Cr market cap per market data) with no formal analyst coverage found — vsStreet is unknown, and neither our records nor a web search turned up prior management guidance, so the print cannot be graded against a formal outlook. The swing to loss is entirely a segment-mix story, not a one-off charge: the Cables & Other Electrical Products segment (subsidiary Fort Gloster Industries) saw revenue fall 35.1% YoY to ₹73.02 Cr and posted a segment loss of ₹5.78 Cr, against a profit of ₹7.93 Cr YoY and ₹0.95 Cr QoQ. The core Jute Goods segment moved the opposite way — revenue up 83.6% YoY to ₹354.38 Cr and segment profit more than doubling to ₹29.37 Cr from ₹12.53 Cr YoY — but wasn't enough to offset the Cables shortfall. Consolidated finance costs also rose 37.2% YoY to ₹21.74 Cr, adding further pressure below the operating line. Standalone results (effectively the jute-only entity) show a profit of ₹10.10 Cr and EPS of ₹9.23 — a materially different picture from the consolidated loss, underscoring that the Cables subsidiary is the sole source of the group-level weakness. Corporate developments this quarter were mostly administrative: the AGM and FY26 annual report/BRSR were on schedule, and the previously-filed NCLT scheme to amalgamate wholly-owned subsidiaries Gloster Lifestyle Ltd and Gloster Specialities Ltd into Gloster Ltd was heard on 14 February 2026 and remains reserved for order, with no financial effect yet given in these results. No press release or management commentary on this result was available to corroborate or contrast against the numbers.

Gloster Ltd has announced that its Board of Directors will convene on Friday, August 7, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter that concluded on June 30, 2026. The company will also make this notice available on its official website, www.glosterjute.com.

Gloster Limited has announced a proposed Scheme of Amalgamation involving its wholly-owned subsidiaries, Gloster Lifestyle Limited and Gloster Specialities Limited. The Board of Directors approved the draft scheme on November 12, 2025. This amalgamation is being undertaken under Sections 230-232 of the Companies Act, 2013. The company has submitted the draft scheme and related board resolutions to the stock exchange as per SEBI (LODR) Regulations, 2015, and has paid the requisite processing fee of ₹29,500/- (including GST). The scheme aims to consolidate operations by merging the transferor companies into the transferee company, Gloster Limited.

Gloster Limited announced that its Board of Directors has approved a draft Scheme of Arrangement for the amalgamation of its wholly-owned subsidiaries, Gloster Lifestyle Limited and Gloster Specialities Limited, with itself. The scheme is being filed under Sections 230-232 of the Companies Act, 2013. The company has submitted the draft scheme and board resolutions to the exchange and paid the requisite processing fee of ₹29,500/- (including GST). This amalgamation aims to streamline corporate structure and operations.