GNA Axles News

GNA Axles postal ballot for director reappointments

GNA Axles Limited issues postal ballot notice for reappointment of three executive directors through e-voting from February 12 to March 13, 2026, seeking special resolutions for leadership continuity.

GNA Axles Limited Pays Rs. 1.68 Lakh Fine for SEBI Compliance Violations

GNA Axles Limited was fined Rs. 84,000 each by NSE and BSE (total Rs. 1.68 lakh including taxes) for non-compliance with SEBI listing regulations related to board composition and committee constitution during the quarter ended June 2025. The company's board attributed the violations to inadvertent oversight following the retirement of director Jasminder Singh Johal in June 2025, paid the fines, and committed to ensuring future compliance.

GNA Axles Reports Mixed Q2 Results with Higher Profitability Despite Revenue Decline

GNA Axles announced Q2 financial results showing EBITDA of 611 million rupees compared to 530 million rupees in the same period last year. The company's EBITDA margin improved to 17.57% from 13.7% year-over-year. Net profit increased to 312 million rupees from 285 million rupees in the previous year's corresponding quarter. However, revenue declined to 3.48 billion rupees from 3.9 billion rupees year-over-year.