Suyog Gurbaxani Funicular Ropeways Ltd (SGFRL) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Suyog Gurbaxani Funicular Ropeways Ltd on NSE and BSE, with an AI summary of each filing.
Suyog Gurbaxani Funicular Ropeways Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve Unaudited ....
Intimation · 05 Nov 2026, 5:30 am
Suyog Gurbaxani Funicular Ropeways Board Meeting Scheduled for November 2026 Results Suyog Gurbaxani Funicular Ropeways Limited has scheduled its Board of Directors meeting on 5th Nov'26 to consider and approve the unaudited standalone and consolidated financial results, along with the Limited Review Report, for the quarter and half-year ended 30th Sep'26. Additionally, the trading window for dealing in company securities, closed since 1st Oct'26, will remain closed for all designated persons and their immediate relatives until 48 hours following the declaration of the financial results.
Revised Annual Report of the Company for the F.Y. 2025-26.
Others (Uncategorized) · 30 Sept 2026, 12:11 am
Voting Results and Scrutinizer''s Report of 17th Annual General Meeting held on September 29, 2026.
Annual General Meeting · 29 Sept 2026, 11:59 pm
Proceeding of 17th Annual General Meeting of the Company.
Annual General Meeting · 29 Sept 2026, 11:53 pm
Intimation of withdrawal of Credit Rating.
Others (Uncategorized) · 24 Sept 2026, 10:44 pm
CRISIL Reaffirms and Withdraws Rating for Suyog Gurbaxani Funicular Ropeways CRISIL Ratings reaffirmed its 'CRISIL BBB/Stable' rating on the long-term bank facilities of Suyog Gurbaxani Funicular Ropeways Limited and subsequently withdrew it on 24th Sep'26. The action covers Rs 35 crore in long-term loan facilities with Union Bank of India. The withdrawal was executed at the company's request following the receipt of a no-objection certificate from the lender, aligning with CRISIL's standard withdrawal policy for bank loan ratings.
Annual Report for the FY 2025-26
Others (Uncategorized) · 08 Sept 2026, 3:04 am
Notice of 17th Annual General Meeting to be held on Tuesday, September 29, 2026 through Video Conferencing / Other Audio Visual Means.
Annual General Meeting · 08 Sept 2026, 2:57 am
Record date for Final Dividend for F.Y 2025-26 is September 22, 2026.
Dividend · 18 Aug 2026, 11:55 pm
Suyog Gurbaxani Declares FY26 Dividend, Sets Record Date Suyog Gurbaxani Funicular Ropeways' board recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY26, totaling Rs. 1.24 crore. The record date to determine shareholder eligibility is set for Sep 22, '26. The Register of Members will be closed from Sep 23, '26 to Sep 29, '26. The 17th Annual General Meeting will be held via video conference on Sep 29, '26. This dividend is subject to shareholder approval at the AGM.
Recommendation of Final Dividend for the Financial Year ended March 31, 2026, Subject to approval of Shareholder of the Company.
Dividend · 18 Aug 2026, 11:50 pm
SGFRL Announces FY26 Dividend and AGM Details Suyog Gurbaxani Funicular Ropeways' board recommended a final dividend of Re. 0.50 per share (5% of face value) for the year ended Mar 31, 2026, totaling Rs. 1.24 Cr. The record date for dividend eligibility is set for Sep 22, 2026. The Register of Members will be closed from Sep 23 to Sep 29, 2026. The 17th Annual General Meeting will be held via video conference on Sep 29, 2026, at 11:30 a.m. to approve the dividend.
Please refer to the Outcome of the Board Meeting held today i.e. Tuesday, August 18, 2026.
Outcome · 18 Aug 2026, 11:42 pm
SGFRL Board Recommends Final Dividend for FY26 Suyog Gurbaxani Funicular Ropeways' board has recommended a final dividend of ₹0.50 per share (5%) for the fiscal year ended 31 Mar'26, subject to shareholder approval. The total payout aggregates to ₹1.24 crore. The record date for dividend eligibility is set for 22 Sep'26. The register of members will be closed from 23 Sep'26 to 29 Sep'26. The 17th Annual General Meeting (AGM) will be held virtually on 29 Sep'26 at 11:30 a.m. (IST).
Suyog Gurbaxani Funicular Ropeways Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2026 ,inter alia, to consider and approve Final Dividend ....
Intimation · 11 Aug 2026, 12:07 am
SGFRL Board Meeting to Consider FY26 Final Dividend Suyog Gurbaxani Funicular Ropeways (BSE: 543391) has scheduled a Board of Directors meeting on 18 Aug'26. The primary agenda is to consider and recommend a final dividend for the financial year ended 31 Mar'26. This announcement, made under SEBI regulations, signals a potential shareholder payout pending board approval.
Approval of shareholders for Re-classification of member from "Promoter Group" to "Public" category.
Others (Uncategorized) · 04 Aug 2026, 8:54 pm
SGFRL: Shareholder Approval for Promoter Reclassification Suyog Gurbaxani Funicular Ropeways has received shareholder approval to reclassify Mr. Somnath Lature from the "Promoter Group" to the "Public" category. The approval was granted via an Ordinary Resolution passed through a postal ballot on 01 Aug'26. This reclassification is effective from 01 Aug'26 and will be officially reflected in the company's shareholding pattern starting from the quarter ending Sep'26. The move follows the No Objection Letter received from BSE on 10 Jun'26.
Intimation about Re-appointment of Mrs. Manisha Shelar as an Independent Woman Director of the Company.
Change in Management · 26 Jun 2026, 10:30 pm
Intimation about Re-appointment of Mrs. Manisha Shelar as an Independent Woman Director of the Company.
Change in Management · 26 Jun 2026, 10:27 pm
Suyog Gurbaxani Funicular Ropeways Limited informed the exchange about No Objection Certificate received from BSE Limited for reclassification of Mr. Somnath Lature from "Promoter Group" ....
Others (Uncategorized) · 10 Jun 2026, 10:50 pm
Suyog Gurbaxani Receives BSE Nod for Promoter Reclassification Suyog Gurbaxani Funicular Ropeways (SGFRL) received a No Objection from BSE Limited on 10 Jun'26 for the reclassification of Mr. Somnath Gurushant Lature. This reclassification moves Mr. Lature from the 'Promoter Group' category to the 'Public' category under Regulation 31A of SEBI's Listing Regulations. The company had initially applied for this change on 11 Feb'26. This action alters the company's promoter shareholding structure, a key metric for investors tracking insider ownership and control.
Re-appointment of Internal Auditor for the Financial year 2026-2027.
Change in Management · 30 May 2026, 12:34 am
SGFRL: FY26 Results Approved, Dividend Deferred, and Internal Auditors Re-appointed Suyog Gurbaxani Funicular Ropeways' board approved the audited standalone and consolidated financial results for the year ended 31 Mar'26, which received an unmodified opinion from statutory auditors. The board deferred the decision on recommending a dividend to a future meeting. Additionally, M/s. SKSS & Associates were re-appointed as the company's Internal Auditors for FY 2026-27, effective from 01 Apr'26. For FY26 (consolidated), the company reported a Profit After Tax of ₹594.75 lacs compared to ₹869.13 lacs in FY25.
Financial Results ( Standalone & Consolidated ) for the half year and financial year ended March 31, 2026
Financial Result · 30 May 2026, 12:25 am
SGFRL Board Approves FY26 Results, Defers Dividend Decision Suyog Gurbaxani's board approved the audited standalone and consolidated financial results for the year ended 31 Mar'26. On a standalone basis, FY26 revenue was ₹4,715.79 lacs vs. ₹5,300.85 lacs YoY, with PAT at ₹1,114.51 lacs vs. ₹869.13 lacs. Consolidated FY26 PAT stood at ₹594.75 lacs. The board deferred the decision on a dividend recommendation. M/s. SKSS & Associates were appointed as internal auditors for FY27. Statutory auditors issued an unmodified opinion on the financial statements for FY26.
Outcome of the Board Meeting held today i.e. Friday, May 29, 2026
Outcome · 30 May 2026, 12:07 am
Suyog Gurbaxani Funicular Ropeways Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakh) ■ Revenue: 2,260 (-25.1% YoY | -16.9% QoQ) ■ EBITDA: 1,320 (+6.3% YoY | +16.9% QoQ) ■ EBITDA Margin (%): 58.4 (+1729 bps YoY | +1688 bps QoQ) ■ PAT: -42.4 (Profit to Loss YoY | Profit to Loss QoQ) ■ EPS (INR): -0.17 (Profit to Loss YoY | Profit to Loss QoQ)
Suyog Gurbaxani Funicular Ropeways Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve the Audited ....
Intimation · 29 May 2026, 5:30 am
Intimation regarding transmission of shares.
Others (Uncategorized) · 09 May 2026, 12:07 am
SGFRL: Promoter Group Share Transmission to Legal Heir Suyog Gurbaxani Funicular Ropeways Limited announced on 08 May '26 the transmission of one fully paid-up share from the late Mr. Vivek Gurushantappa Lature, a Promoter Group member, to his legal heir, Mrs. Sampada Vivek Lature. Following this, Mr. Lature ceases to be part of the Promoter Group. The company has stated that this voluntary disclosure does not materially impact the overall shareholding or control of the company. The shareholding pattern will be updated to reflect this change.
Suyog Gurbaxani Funicular Ropeways Limited has informed the Exchange about Credit Rating.
Others (Uncategorized) · 09 Apr 2026, 11:41 pm
SGFRL: CARE Ratings Assigns BBB- (Stable) / A3 to Bank Facilities Suyog Gurbaxani Funicular Ropeways has appointed CARE Ratings as its new rating agency, replacing CRISIL. CARE has assigned a 'CARE BBB-; Stable' rating to its ₹78 crore long-term facilities and 'CARE BBB-; Stable / CARE A3' to its ₹2 crore long-term/short-term facilities. The rating reflects experienced promoters, healthy margins, and stable cash flows from its pilgrimage ropeway. However, it is constrained by a modest scale, stretched working capital from high unbilled EPC receivables, and moderate debt coverage indicators.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarvatra Finance Pvt Ltd
Acquisition/ Disposal of Shares · 24 Feb 2026, 10:54 pm
Promoter Group Entity Acquires 2% Stake in SGFRL via Off-Market Transfer Promoter Mr. Arvind Lature disposed of 4,97,600 equity shares (2% stake) of Suyog Gurbaxani Funicular Ropeways Ltd via an off-market transfer. The shares were acquired by Sarvatra Finance Private Limited, an entity owned and controlled by Mr. Lature, thus representing an inter-se transfer within the promoter group. The transaction occurred between 17-Feb'26 and 18-Feb'26. Following the acquisition, Sarvatra Finance holds a 2% stake in the company.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarvatra Finance Pvt Ltd
Acquisition/ Disposal of Shares · 24 Feb 2026, 4:41 pm
Intimation regarding submission of promoter reclassification application.
Others (Uncategorized) · 12 Feb 2026, 12:10 am
SGFRL Seeks BSE No-Objection for Promoter Reclassification Suyog Gurbaxani Funicular Ropeways has filed an application with the BSE seeking a no-objection certificate for the reclassification of shareholder Mr. Somnath Lature. This follows the Board of Directors' approval on 06 Feb'26 of Mr. Lature's request to change his status from the "Promoter and Promoter Group" category to "Public Shareholder." The company is proceeding with the regulatory process as per SEBI LODR Regulations.
Outcome of Board Meeting held on Friday, February 06, 2026.
Others (Uncategorized) · 06 Feb 2026, 6:56 pm
SGFRL Board Approves Promoter Reclassification, Notes BSE Fine The Board approved an application to reclassify 71,250 equity shares from the Promoter Group to the Public category on 6th Feb'26. The request was made by Mr. Somnath Lature. Additionally, the Board noted a fine of ₹23,600 imposed by BSE on 16th Dec'25 for non-compliance with SEBI LODR Regulations for the period ended 30th Sep'25. The company confirmed it has since rectified the non-compliance and paid the fine, stating no material financial impact from the penalty.