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11/11/2026 16:56

Gangotri Textile - Board Meeting Outcome for Intimation About The Outcome Of The Board Meeting Held On 11-11-2026

Further to Company's letter of intimation dated 30\ October, 2026 regarding postponement of the Management\r\nMeeting of the Company to inter-alia consider and approve the un-audited Standalone Financial Results for the\r\nquarter ended 30th September, 2026\r\nPlease note that the Company is currently undergoing proceedings under the Insolvency and Bankruptcy\r\nCode, 2016 ('IBC\). The Hon'ble National Company Law Tribunal ('NCLT\), Chennai, vide its order dated 7th\r\nAugust, 2026, admitted an application under Section 10 of the IBC against the Company, thereby commencing\r\nthe Corporate Insolvency Resolution Process ('CIRP\). Consequently, the powers of the Board of Directors of\r\nthe Company stands suspended.