Suyog Gurbaxani Funicular Ropeways Ltd

Suyog Gurbaxani Funicular Ropeways Ltd announced that its shareholders have approved the reclassification of Mr. Somnath Lature from the 'Promoter Group' to the 'Public' category. This decision was made via an Ordinary Resolution passed through Postal Ballot on August 01, 2026, following a No Objection Letter from BSE Limited. The reclassification is effective from August 01, 2026, and will be reflected in the company's shareholding pattern from the quarter ending September 2026 onwards. Voting results and the Scrutinizer's Report will be available on the company's website.

Suyog Gurbaxani Funicular Ropeways Ltd announced the re-appointment of Mrs. Manisha Shelar as an Independent Woman Director for a second term of three years, from September 4, 2026, to September 3, 2029. This decision, approved by the Board of Directors via circular resolution on June 26, 2026, is subject to shareholder approval. Mrs. Shelar holds an M.Tech. in VLSI Design and a B.E. in Electronics and Telecommunication Engineering. She is currently an Assistant Professor and pursuing a Ph.D. in Electronics and Telecommunication Engineering. She is not related to any company directors and has not been debarred by any SEBI order or convicted of relevant offenses.

Suyog Gurbaxani Funicular Ropeways Ltd has announced the re-appointment of Mrs. Manisha Shelar as an Independent Woman Director for a second term. The re-appointment is for three consecutive years, commencing September 4, 2026, up to September 3, 2029, subject to shareholder approval. Mrs. Shelar holds an M.Tech. in VLSI Design and a B.E. in Electronics and Telecommunication Engineering, and is currently an Assistant Professor. She is not related to any company directors and has not been debarred by any SEBI order.

Suyog Gurbaxani Funicular Ropeways Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from July 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company has advised all 'Designated Persons' and their immediate relatives not to trade in its securities during this period, in compliance with SEBI PIT Regulations and the company's internal code of conduct. The exact date for the board meeting to approve these financial results will be communicated later.

Suyog Gurbaxani Funicular Ropeways Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The auditor's report, issued by M/s Aniket Kulkarni & Associates, Chartered Accountants, contained an unmodified opinion. The board deferred the consideration of dividend recommendation to the next meeting. Additionally, M/s. SKSS & Associates, Chartered Accountants, were appointed as Internal Auditors for FY 2026-27.

Suyog Gurbaxani Funicular Ropeways Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited standalone and consolidated financial results for the half year and financial year ended March 31, 2026. The board will also consider and recommend a final dividend for the financial year ended on March 31, 2026. The trading window for dealing in the company's securities remains closed until 48 hours after the announcement of the results.

Suyog Gurbaxani Funicular Ropeways Ltd. announced the transmission of shares from the deceased member of the Promoter Group, Late Mr. Vivek Gurushantappa Lature, to his Legal Heir, Mrs. Sampada Vivek Lature. One fully paid-up share was transmitted. Consequently, Late Mr. Vivek Gurushantappa Lature will cease to be part of the Promoter Group. The company stated that this transmission does not trigger any specific disclosure requirement under Regulation 29 of SEBI (SAST) Regulations, 2011 and does not materially impact the shareholding or control of the Company under Regulation 30 of SEBI LODR Regulations.

Suyog Gurbaxani Funicular Ropeways Ltd has announced the closure of the trading window for all 'Designated Persons' and their immediate relatives/dependents, effective from April 01, 2026. The closure will last until 48 hours after the declaration of the Audited Financial Results for the quarter and financial year ending March 31, 2026. The date of the Board Meeting for the declaration and approval of the Audited Financial Results will be intimated in due course.

Suyog Gurbaxani Funicular Ropeways Ltd has disclosed the transfer of 4,97,600 equity shares from Mr. Arvind Lature to Sarvatra Finance Pvt Ltd. This transfer took place through an off-market transaction. The transferred shares represent approximately 2% of the total and diluted share/voting capital of the company.

Sarvatra Finance Pvt Ltd, controlled by Mr. Arvind Lature, has acquired 4,97,600 equity shares of Suyog Gurbaxani Funicular Ropeways Ltd from Mr. Arvind Lature through an off-market transfer. This acquisition represents 2% of the total share and voting capital of the company.