Gothi Plascon Announces Key Management Appointments and Unaudited Financial Results for Q1 FY2026
Gothi Plascon India Ltd held a Board of Directors meeting on July 30, 2026, approving the unaudited financial results for the quarter ended June 30, 2026. The board also made significant appointments regarding the company's management structure and approved the notice for its Annual General Meeting (AGM).The company's primary operations include real estate and other related activities.
Management Changes and Board Decisions
At the meeting, the board of directors took several key decisions regarding leadership roles:- Managing Director Appointment: Mr. Sanjay Gothi was appointed as Managing Director for a term of three years, effective August 1, 2026. This appointment is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM).
- Additional and Whole Time Director Appointment: Mr. Pranay Gothi was appointed as an additional and whole time director for a term of three years, also effective August 1, 2026. This appointment is also subject to shareholder approval at the AGM.
The board also considered and approved the Notice of the Annual General Meeting (AGM). The meeting is scheduled to be held through Video Conferencing/other Audio-Visual Means on Wednesday, September 30, 2026, at 11:00 am (ST). The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, with September 23, 2026, fixed as the 'Cut-off Date' for determining eligible members.
Q1 FY2026 Financial Performance Overview
The board reviewed and approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with a limited review report provided by Chartered Accountants, Achha Associates. The company reported various operational metrics across the financial periods.The unaudited results for Gothi Plascon India Ltd are presented in Lacs as follows:
| Particulars | Qtr Ended 30/06/2026 (Unaudited) | Qtr Ended 31/03/2026 (Audited) | Qtr Ended 30/06/2025 (Unaudited) | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|---|---|---|
| Revenue From Operations | 126.21 | 91.76 | 488.13 | 436.56 | N/A |
| Other Income | 0 | 1.53 | 5.21 | 3.87 | N/A |
| Total Income | 132.65 | 93.29 | 493.34 | 440.43 | N/A |
| Cost of materials consumed | 0 | 0 | 0 | 0 | N/A |
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | N/A |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0 | 0 | 0.02 | 0.04 | N/A |
| Employee benefits expense | 19.48 | 25.25 | 11.62 | 71.81 | 67.80 |
| Depreciation and amortization expenses | 11.82 | 11.92 | 9.89 | 45.95 | 36.31 |
| Finance Costs | 4.16 | 4.23 | 5.34 | 19.59 | 4.19 |
| Directors remuneration | 9.00 | 9.00 | 9.00 | 37.50 | 36.00 |
| Donation | 11.00 | 0.00 | 10.00 | 20.00 | 10.00 |
| Other expenses | 8.81 | 16.25 | 10.08 | 46.53 | 62.39 |
| Total Expenses | 64.27 | 66.65 | 55.93 | 241.40 | 216.73 |
| Profit/(loss) before exceptional items and tax | 68.38 | 61.09 | 35.83 | 251.94 | 223.70 |
The company's share capital stands at 1,020 (Face Value of Rs.10 each).
Board Composition Details
Annexure II provided details regarding the appointments:- Mr. Sanjay Gothi: Re-appointed as Managing Director, effective from August 1, 2026, for a term of three years, subject to shareholder approval. He is described as a founder associated with the company for 32 years and holds a few decades of experience in handling operations.
- Mr. Pranay Gothi: Appointed as an additional and whole time Director, effective from August 1, 2026, for a term of three years, subject to shareholder approval. He has been working with the GEA Valve and Pump Division from January 2023 to June 2026.
Stock Price Movement
Gothi Plascon India Ltd settled at ₹37.05 on Tuesday, edging higher after closing up 0.11%. The shares were completely locked and traded flat throughout the day at that specific price point.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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