Ganesha Ecoverse News

Ganesha Ecoverse Reports Heavy Losses in HY1 FY26 Results, Associate Company Recovery Underway

Ganesha Ecoverse Limited reported a standalone loss after tax of ₹129.83 lakh for the half year ended September 30, 2025, primarily due to MTM loss adjustments of ₹149.48 lakh from equity investments amid market slowdown. The company's associate GESL Spinners Private Limited, which suffered extensive storm and flood damage in August 2024, has resumed operations with over 80% capacity utilization in September 2025, while the Board approved a merger proposal in May 2025.

Ganesha Ecoverse Limited Relocates Registered Office from Delhi to Uttar Pradesh

Ganesha Ecoverse Limited has relocated its registered office from Delhi to Uttar Pradesh following approval from the Registrar of Companies. The new registered office is located at Gata No. 192 & 196, Village Temra, Tehsil Bilaspur, District Rampur, Uttar Pradesh. The company received a certificate dated October 16, 2025 from the ROC confirming the alteration of Clause II of the Memorandum of Association. The Regional Director had previously approved the change on July 28, 2025. The company operates in manufacturing and dealing with plastic products, textiles, and related materials.

Ganesha Ecoverse Limited Reclassifies Authorized Share Capital Structure

Ganesha Ecoverse Limited shareholders approved alterations to the company's Memorandum of Association at their Annual General Meeting on September 30, 2025. The company reclassified its authorized share capital while maintaining the total at ₹50 crore. The equity shares were reduced from 4 crore to 3 crore shares of ₹10 each, while redeemable cumulative preference shares increased from 1 crore to 2 crore shares of ₹10 each. The Capital Clause of the Memorandum of Association was altered accordingly to reflect this new structure.