Goyal Associates Ltd (GOYALASS) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Goyal Associates Ltd on NSE and BSE, with an AI summary of each filing.
Goyal Associates Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Goyal Associates Ltd has informed ....
Intimation · 13 Nov 2026, 5:30 am
Goyal Associates Board to Consider Q2 and H1 Results on 13th Nov'26 Goyal Associates Limited announced that its Board of Directors will meet on 13th Nov'26 to consider and approve the un-audited standalone Ind AS financial results for the quarter and half-year ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in company equity shares has been closed for designated persons from 1st Oct'26 and will remain shut until 48 hours after the public declaration of the financial results.
Voting Result along with Scrutinizer Report on E Voting
Annual General Meeting · 24 Oct 2026, 11:53 pm
Goyal Associates Shareholders Approve All Key AGM Resolutions Goyal Associates Limited announced the approval of all six resolutions transacted at its 32nd AGM held on 24th Oct'26, with 99.9976% votes polled in favor (8,723,885 shares). Key approvals include the adoption of FY26 audited financial statements, reappointment of Mr. Vuppala Naga Malleswara Rao as Director, shifting of the registered office, appointment of Mr. Ajay Solanki as Managing Director, appointment of Mr. Ankush Madan Pandey as Independent Director for 5 years effective 8th Sep'26, and an increase in authorized share capital with consequential MoA amendments.
Raising of Funds through Right Issue
Others (Uncategorized) · 24 Oct 2026, 11:32 pm
Goyal Associates Approves Rights Issue Up to ₹70 Crore and Key Management Changes Goyal Associates Limited approved a rights issue of fully paid-up equity shares of face value ₹1 each for an amount up to ₹70 crore (₹7,000 lakh). The board approved the Draft Letter of Offer for filing with SEBI and stock exchanges, alongside forming a Rights Issue Committee. Additionally, Director Vuppala Naga Malleswara Rao resigned effective 16th Oct'26, while CFO Munige Radhika resigned effective 24th Oct'26. Managing Director Ajay Solanki has been appointed as CFO on an additional-charge basis effective 25th Oct'26.
Appointment of Mr. Ajay Solanki to discharge the functions of chief financial officer of the company on an additional charges basis with effect from 25.10.2026.
Change in Management · 24 Oct 2026, 11:23 pm
Goyal Associates Board Approves ₹70 Crore Rights Issue and Management Changes Goyal Associates' board approved a Rights Issue of fully paid-up equity shares (face value ₹1 each) for an aggregate amount up to ₹70 crore (₹7,000 lakh), along with the Draft Letter of Offer to be filed with SEBI and stock exchanges. Additionally, the board approved key leadership changes, including the resignation of CFO Munige Radhika effective 24th Oct'26 and Director Vuppala Naga Malleswara Rao effective 16th Oct'26. Managing Director Ajay Solanki has been appointed to take additional charge as CFO, effective 25th Oct'26.
Ms. Radhika has tender her Resignation from the Post of Chief Financial officer of the company with effect from 24.10.2026.
Change in Management · 24 Oct 2026, 11:20 pm
Goyal Associates Board Approves Rs 70 Crore Rights Issue and Key Leadership Changes Goyal Associates Limited's Board approved a rights issue of fully paid-up equity shares (face value Rs 1 each) aggregating up to Rs 70 crore (7,000 lakhs), alongside the Draft Letter of Offer to be filed with SEBI and stock exchanges. Additionally, the Board noted the resignation of Director Vuppala Naga Malleswara Rao effective 16th Oct'26 and approved the resignation of CFO Munige Radhika effective 24th Oct'26. Managing Director Ajay Solanki has been appointed as CFO on an additional-charge basis effective 25th Oct'26.
OUTCOME OF BOARD MEETING
Outcome · 24 Oct 2026, 11:18 pm
Goyal Associates Board Approves ₹70 Crore Rights Issue and Key Leadership Changes Goyal Associates' Board of Directors approved a Rights Issue of fully paid-up equity shares (face value ₹1 each) for an aggregate amount not exceeding ₹70 crore (7,000 lakhs), alongside the Draft Letter of Offer to be filed with SEBI and stock exchanges. Additionally, the board approved key management changes: Ms. Munige Radhika resigned as CFO effective 24th Oct'26, with Managing Director Mr. Ajay Solanki appointed to take additional charge as CFO starting 25th Oct'26. Director Mr. Vuppala Naga Malleswara Rao also resigned, effective 16th Oct'26.
SUMMARY OF PROCEEDING OF 32ND AGM
Annual General Meeting · 24 Oct 2026, 7:48 pm
Appointment of Ms. Anupriya as a Woman Independent Director of the company in compliance of regulation 17 of SEBI (LODR) Regulations 2015
Change in Management · 22 Oct 2026, 2:27 am
Goyal Associates Appoints Ms. Anupriya Bhaskar as Additional Woman Independent Director Goyal Associates Limited's Board of Directors approved the appointment of Ms. Anupriya Bhaskar (DIN: 12009112) as an Additional Woman Independent Director on 21st Oct'26, subject to shareholder approval. Ms. Bhaskar holds a Bachelor of Commerce degree and CS Inter qualification, bringing expertise in corporate governance, secretarial practices, ROC/MCA filings, and SEBI regulatory compliances. She holds nil shares in the company, has no directorships in other listed entities, and maintains no pecuniary or familial relationships with the company’s managerial personnel.
Goyal Associates Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/10/2026 ,inter alia, to consider and approve Proposal of Raising of Fund
Intimation · 16 Oct 2026, 9:38 pm
Goyal Associates to Consider Fundraising via Permissible Securities on 24th Oct'26 Goyal Associates Limited has scheduled a Board of Directors meeting on 24th Oct'26 to evaluate and approve fundraising proposals. The capital raise is planned through the issuance of equity shares, convertible bonds, debentures, convertible warrants, preference shares, or other equity-linked securities. Permissible modes under consideration include rights issues, private placements, preferential allotments, Qualified Institutions Placements (QIP), or other compliant mechanisms under applicable SEBI ICDR and Companies Act regulations.
Resignation of Director
Change in Management · 16 Oct 2026, 9:14 pm
Goyal Associates Director Vuppala Naga Malleswara Rao Resigns Goyal Associates Limited announced the resignation of Mr. Vuppala Naga Malleswara Rao (DIN: 08858080) from his position as Non-Executive Non-Independent Director, effective 16th Oct'26 after business hours. The resignation is attributed solely to advancing age and health-related issues, with no other material reasons contributing to his departure. Mr. Rao had served on the board since 1st Sep'20.
ANNUAL REPORT F2526
Others (Uncategorized) · 04 Oct 2026, 1:03 am
NOTICE OF ANNUAL GENERAL MEETING
Annual General Meeting · 04 Oct 2026, 1:00 am
Increase in Authorised Capital
Others (Uncategorized) · 04 Oct 2026, 12:57 am
Goyal Associates Approves Substantial Increase in Authorised Share Capital The Board of Directors of Goyal Associates Limited approved a significant increase in the company's authorised share capital from Rs.6.40 cr (6.40 cr equity shares of Rs.1 each) to Rs.80.00 cr (80.00 cr equity shares of Rs.1 each) at its meeting on 3rd Oct'26. Additionally, the board approved the Annual Report for FY25-26 along with the AGM notice, and appointed M/s. Ankur Gandhi & Associates as the scrutinizer for the remote e-voting and AGM voting process.
Change in Registered Office within the State subject to Approval of Members.
Others (Uncategorized) · 02 Oct 2026, 8:22 pm
Goyal Associates Approves Relocation of Registered and Corporate Office Goyal Associates Limited's Board of Directors approved shifting its registered office within Gujarat, subject to shareholder approval, on 2nd Oct'26. The new location at Titanium City Centre, Satellite, Ahmedabad, will also function as the company's corporate office for all statutory, administrative, and managerial operations.
Appointment of Directors 1. Mr. Ajay Solanki as an Additional Executive Director and Managing Director w.e.f. 08.09.2026 subject to shareholders approval. 2. Mr. Ankush Pandey as ....
Change in Management · 09 Sept 2026, 4:38 am
Goyal Associates Appoints Ajay Solanki as MD and Ankush Pandey as Independent Director The Board of Directors of Goyal Associates Limited approved key leadership appointments effective 8th Sep'26, subject to shareholder approval. Mr. Ajay Solanki has been appointed as Additional Executive Director and Managing Director, bringing operational expertise in banking products, direct selling agent networks, and customer acquisition. Additionally, Mr. Ankush Pandey has been appointed as an Additional Independent Director, contributing expertise in corporate law, secretarial standards, and regulatory compliance. Neither appointee holds company shares or directorships in other listed entities.
Clarification on Conclusion time of General Meetings
Annual General Meeting · 21 Aug 2026, 5:59 pm
Goyal Associates Rectifies Clerical Error in AGM Proceedings Submission Goyal Associates held its 31st AGM on 14 Aug'26, where members approved key resolutions. Ordinary resolutions included adopting FY25 audited financials and re-appointing Mr. Vuppala Naga Malleswara Rao as Director. Special resolutions passed for the five-year appointments of Mr. Kranthi Kumar Reddy Gajjala (w.e.f. 13 Feb'26) and Mr. Satya Narayana Gogula (w.e.f. 20 Feb'26) as Independent Directors. The company will resubmit proceedings to exchanges after inadvertently omitting the 10:50 AM conclusion time, citing it as a purely clerical error.
Voting Result along with Scrutinizer Report
Annual General Meeting · 15 Aug 2026, 12:50 am
Goyal Associates: Shareholders Approve All Resolutions at 31st AGM Goyal Associates disclosed the voting results for its 31st AGM held on 14th Aug'26. All five resolutions were passed with over 99.98% of votes in favour. Key approvals include the adoption of FY25 financial statements, re-appointment of director Vuppala Naga Malleswara Rao, and appointment of two Independent Directors, Mr. Kranthi Kumar Reddy Gajjala and Mr. Satya Narayana Gogula. Voter turnout from non-institutional public shareholders was 17.62% of their holdings, representing 16.79% of the total share capital. No promoter votes were cast.
FINANCIAL RESULT FOR THE PERIOD ENDED 30062026
Financial Result · 14 Aug 2026, 11:49 pm
Goyal Associates: Q1FY27 Results Weighed by Qualified Auditor Opinion Goyal Associates reported a profit of ₹2.27M for Q1FY27, up from ₹0.12M YoY, driven by a 37% YoY increase in total revenue to ₹3.87M. However, QoQ performance showed a decline, with revenue down 11.4% from ₹4.37M and profit swinging from a loss of ₹4.12M in Q4FY26. The statutory auditor issued a qualified opinion on the results, citing issues with compliance and payments of TDS, GST, and PF, with other statutory dues pending for over six months. The auditor also noted that reports for loans and advances were not generated by the company's system.
OUTCOME OF BOARD MEETING
Outcome · 14 Aug 2026, 11:46 pm
Goyal Associates Q1FY27 Results: Strong Profit Growth but Auditor Flags Concerns Goyal Associates reported a strong Q1FY27 with a net profit of ₹2.27 million, a significant turnaround from a ₹4.12 million loss in Q4FY26 and a sharp increase from ₹0.12 million in Q1FY26. Total revenue for the quarter ending 30th Jun'26 stood at ₹3.87 million, down 11.4% QoQ but up 37.2% YoY. However, the statutory auditor issued a qualified conclusion, highlighting non-compliance with statutory dues like TDS, GST, and PF, with some payments pending for over six months.
OUTCOME OF AGM
Annual General Meeting · 14 Aug 2026, 5:49 pm
Goyal Associates Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Financial Result for the QTR 1
Intimation · 13 Aug 2026, 5:30 am
Goyal Associates Sets Board Meeting for Q1 FY27 Results Goyal Associates Limited (BSE: 530663) has scheduled a Board of Directors meeting on 13 Aug'26. The primary agenda is to consider and approve the Un-Audited Standalone Financial Results for the quarter ended 30 Jun'26. In connection with this, the trading window for designated persons has been closed from 01 Jul'26 and will reopen 48 hours after the financial results are publicly announced.
Appointment of Company Secretary Mr. Abhik Jain
Change in Management · 27 Jul 2026, 10:09 pm
Goyal Associates Appoints New Company Secretary and Compliance Officer Goyal Associates Limited (BSE: 530663) announced the appointment of Mr. Abhik Jain as its new Company Secretary & Compliance Officer, effective 27th Jul'26. Mr. Jain is a qualified Company Secretary with over a decade of experience in corporate law, M&A, and governance. He holds an MBA in Finance and an LL.B. degree. This key management personnel change was approved by the Board of Directors in a meeting held on 27th Jul'26.
Notice of Annual General Meeting
Annual General Meeting · 20 Jul 2026, 5:04 pm
Appointment of Secretarial Auditor for the FY 2526
Change in Auditor · 20 Jul 2026, 5:02 pm
Goyal Associates Board Approves FY25 Annual Report and Key Appointments Goyal Associates’ Board, in its meeting on 20th Jul'26, approved the Annual Report for FY25 and the notice for the upcoming AGM. The Board appointed Ankur Gandhi & Associates as the Secretarial Auditor for FY26 and as the Scrutinizer for the AGM's e-voting process. Additionally, the company announced a book closure period from 8th Aug'26 to 14th Aug'26 for the purpose of the Annual General Meeting.
Annual Report
Others (Uncategorized) · 20 Jul 2026, 4:59 pm