GNG Electronics Ltd

GNG Electronics Limited has announced the closure of its trading window for all directors, officers, designated employees, and their immediate relatives. This closure is effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the company's financial results for the quarter ending June 30, 2026. The company cited compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal codes of conduct as the reason for this measure. The exact date of the board meeting to approve these financial results will be communicated separately.

Vidhi S Khandelwal, a promoter of GNG Electronics Limited, has sold 44,87,203 shares, representing 3.94% of the total share capital. This sale was conducted through the open market. Following the transaction, her shareholding in the company has reduced from 15.73% to 11.80%. The total equity share capital of the company remains unchanged at INR 22,80,23,034, comprising 11,40,11,517 equity shares.

GNG Electronics Limited announced that its promoter, Vidhi S Khandelwal, has sold 44,87,203 equity shares, representing 3.94% of the company's total paid-up equity share capital. This sale, conducted on June 11, 2026, was to comply with SEBI regulations for achieving Minimum Public Shareholding. Following the transaction, the promoter and promoter group's shareholding has decreased from 78.71% to 74.77%. The company has now met the mandated public shareholding requirements under SEBI rules.

GNG Electronics Limited announced that its promoter, Vidhi S Khandelwal, intends to sell up to 45,00,000 equity shares, representing approximately 3.95% of the total paid-up equity share capital. This sale, to be conducted through the open market route, aims to help the company achieve the minimum public shareholding requirements mandated by SEBI regulations. The divestment is expected to be completed by June 19, 2026. Following the sale, the promoter and promoter group's shareholding will decrease from 78.71% to 74.76%. The promoter has provided an undertaking not to buy shares on the dates of the sale to ensure compliance.

GNG Electronics Limited's Nomination and Remuneration Committee approved the grant of up to 6,96,500 stock options under the Electronics Bazaar Employees Stock Option Scheme - 2024 to eligible employees on May 28, 2026. The options have an exercise price of ₹2/- per option, which is at face value and a discount to the fair value as of May 27, 2026. The options will vest over three years, with 33.33% vesting after 12 and 24 months, and 33.34% after 36 months from the grant date. Vested options can be exercised within two years from their respective vesting dates.

GNG Electronics Ltd announced its FY26 results with revenue increasing by 34.0% YoY to ₹1,891.1 Cr. EBITDA rose by 58.9% YoY to ₹200.5 Cr, and PAT increased by 91.2% YoY to ₹132.0 Cr. In Q4 FY26, revenue from operations stood at ₹651.7 Cr, up 43.0% YoY, with EBITDA at ₹64.0 Cr and PAT at ₹42.1 Cr. The company refurbished nearly 7.27 lakh devices in FY26. Mr. Sharad Khandelwal, Managing Director, noted the strong performance and favorable industry trends.

GNG Electronics Ltd has appointed Ms. Ashita Pandya, Heads of Accounts — India, a Chartered Accountant, as the Internal Auditor for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The board also approved the audited financial results for the quarter and year ended March 31, 2026, and the issuance of a corporate guarantee of up to AED 20 million in favor of Abu Dhabi Commercial Bank PJSC for banking facilities availed by Electronics Bazaar (FZC), a material subsidiary.

GNG Electronics Limited has released the Monitoring Agency Report for the quarter ended March 31, 2026, as per Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, issued by CARE Ratings Limited, pertains to the utilization of IPO proceeds. The report indicates no deviation from the objects stated in the offer document. The IPO, which was for ₹400.00 crore, was monitored by CARE Ratings Limited, acting as the Monitoring Agency. The report confirms that the utilization of proceeds in Q4 FY26 aligns with the disclosures in the Offer Document.

GNG Electronics Ltd has announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the appointment of Ms. Ashita Pandya as Internal Auditor for FY 2026-27 and the issuance of a corporate guarantee of up to AED 20 million in favor of Abu Dhabi Commercial Bank PJSC for banking facilities availed by its subsidiary, Electronics Bazaar (FZC).

GNG Electronics Ltd. announced the approval of audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the appointment of Ms. Ashita Pandya as Internal Auditor for FY 2026-27 and the issuance of a corporate guarantee of up to AED 20 million in favor of Abu Dhabi Commercial Bank PJSC for banking facilities availed by Electronics Bazaar (FZC).