GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) logo

GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) MD, chairman, board of directors and AGM

BSE: 532744Textiles & ApparelsSmall Cap

Last close ₹9.18₹0.00 (0.00%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹9.18.

52-week range of traded prices to 23 Oct 2026
₹6.87Low, 21 Oct 2026₹13.68High, 31 Oct 2025
Market cap
₹11 Cr4,618th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Assets held for saleon the latest balance sheet
ROCE
Assets held for saleon the latest balance sheet
Debt to equity
Assets held for saleon the latest balance sheet
Volume, BSE
16,400

GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorUMANG PATODIA
  • Company Secretary and Compliance OfficerE K BALAKRISHNAN

4 directors2 independent1 executive1 non-executive

  • NANDKISHORE BAFNAIndependent · joined Sep 2020 · reappointed Sep 2025 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
  • C K GOPALAKRISHNAN NAIRIndependent · joined Sep 2020 · reappointed Sep 2025 · 60 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • KALPANA MAHESH THAKKERNon-executive · joined Nov 2019 · 2 listed boards
  • UMANG PATODIA · Chairperson and managing directorExecutive · joined Sep 2020 · 2 listed boards · 4 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • BINOD KUMAR PATODIA, left 5 Aug 2025: Others
  • V N BALAKRISHNAN, left 5 Aug 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 10 Aug 20264 of 4 present2 independent · 75 days in between
    • 26 May 20264 of 4 present2 independent

  • Audit Committee

    Chair NANDKISHORE BAFNA

    C K GOPALAKRISHNAN NAIR, UMANG PATODIA

    • 10 Aug 20263 of 3 present2 independent · 75 days in between
    • 26 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair NANDKISHORE BAFNA

    C K GOPALAKRISHNAN NAIR, KALPANA MAHESH THAKKER

    • 10 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair NANDKISHORE BAFNA

    C K GOPALAKRISHNAN NAIR, UMANG PATODIA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s L U KRISHNAN & CO CHARTERED ACCOUNTANTSPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.GTN Textiles Ltd. (formerly known as GTN Industries Ltd.) dividend history

Annual general meeting, 28 Sep 2026

14,539 shareholders on the register on 21 Sep 2026; present: 6 promoters and 67 others; votes counted by M R L NARASIMHA / M R L NARASIMHA.The company's voting result (opens in a new tab)

  1. To adopt Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors' thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 62.30% · promoters 95.57% · institutions 0.00% · other public 4.76%

  2. To appoint Smt.Kalpana M Thakker, Non-Executive Director (DIN: 08601866), who retires by rotation and being eligible, offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 62.30% · promoters 95.57% · institutions 0.00% · other public 4.76%

  3. Approval for Material Related Party Transactions with M/s Patspin India Ltd
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 1.74% · promoters 0.00% · institutions 0.00% · other public 4.76%

  4. Approval for Material Related Party Transactions with M/s GTN Enterprises Ltd
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 1.74% · promoters 0.00% · institutions 0.00% · other public 4.76%

  5. Approval for Material Related Party Transactions with M/s. Beekaypee Credit Private Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 1.74% · promoters 0.00% · institutions 0.00% · other public 4.76%

  6. Approval for Material Related Party Transactions with M/s. Umang Finance Private Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 1.74% · promoters 0.00% · institutions 0.00% · other public 4.76%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2021, 3 resolutions

Present: 7 promoters and 69 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31st, 2021, together with the Reports of the Directors and the Auditors' thereonMoreLess
    Ordinary
    96.57% for3.43% against

    Against: promoters 0.00% · institutions 0.00% · other public 77.95%

    Turnout: all 52.62% · promoters 79.40% · institutions 0.00% · other public 6.40%

  2. To appoint a Director in place of Shri Umang Patodia, (DIN: 00003588), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    96.51% for3.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 79.47%

    Turnout: all 52.62% · promoters 79.40% · institutions 0.00% · other public 6.40%

  3. Ratification of remuneration of M/s. Hareesh K.N & Associates, Cost Accountants (Firm Registration No. 101974) as Cost Auditors of the Company as Ordinary Resolution
    Ordinary
    96.54% for3.46% against

    Against: promoters 0.00% · institutions 0.00% · other public 78.69%

    Turnout: all 52.62% · promoters 79.40% · institutions 0.00% · other public 6.40%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Oct 2020, 10 resolutions

Present: 9 promoters and 81 others.The company's voting result (opens in a new tab)

  1. Adoption of audited standalone and consolidated financial statements of the company fotr the financial year ended 31st March 2020 together with reports of the Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  2. To increase authorised share capital and alteration of capital clause (Claseu V) of the Memorandum of Association
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  3. To issue of Non cumulative, Non Convertible, Non Participating, Redeemable Pference shares (NCRPS) on private placement basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  4. Re-appointment of Shri. B.K.Patodia as Managing Director for 5 years and fixing of his remuneration for 3 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  5. To Appoint Shri. N.K.Bafna (DIN 00019372)as Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  6. To appoint Shri. V.N.Balakrishnan (DIN 08820393) as independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  7. To appoint Shri. C.K.Gopalakrishnan Nair (DIN 00521840) as Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  8. To appoint Smt. Kalpana Mahesh Thakker (DIN 08601866) as a Director, liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  9. To appoint Shri. Umang Patodia (DIN 00003588) as Director, liable to retine by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

  10. Ratification of remuneration of M/s. Hareesh KN & Associates (Cost Accountants) , Cost Accountants of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 63.55% · promoters 100.00% · institutions 0.00% · other public 0.53%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2019, 6 resolutions

Present: 3 promoters and 42 others.The company's voting result (opens in a new tab)

  1. Audited Financial Statements of the company for the year ended 31st March 2019 together with Directors report and Auditors Report
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.57%

    Turnout: all 63.39% · promoters 100.00% · institutions 0.00% · other public 0.07%

  2. To Appoint a Director in place of Shri Mahesh C Thakker,Directors who retire by rotation and eligible for him self for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.74%

    Turnout: all 63.38% · promoters 100.00% · institutions 0.00% · other public 0.06%

  3. Re- appointment of Shri Prem Malik as an Independent Director for further period of five years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.57%

    Turnout: all 63.39% · promoters 100.00% · institutions 0.00% · other public 0.07%

  4. Re- Appointment of Shri B.L Singhal as an Independent Director of the company for further period of five years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.57%

    Turnout: all 63.39% · promoters 100.00% · institutions 0.00% · other public 0.07%

  5. Re- appointment of Shri. S Sundareshan as an Independent Director of the company for further period of five years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.57%

    Turnout: all 63.39% · promoters 100.00% · institutions 0.00% · other public 0.07%

  6. Ratification of appointment of Cost Auditor M/s Hareesh KN and Associates
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 63.39% · promoters 100.00% · institutions 0.00% · other public 0.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2018, 4 resolutions

Present: 3 promoters and 38 others.The company's voting result (opens in a new tab)

  1. Adoption of (ii) audited financial statements of the company for the year ended 31.3.2018 together with Reports of the Directors and the Auditors thereon (ii) audited consolidated financial statements of the company for the year ended 31.3.2018 together with the Report of the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 19.04%

    Turnout: all 63.20% · promoters 100.00% · institutions 0.00% · other public 0.13%

  2. To appoint a Director in place of Shri. Mahesh C Thakker (DIN 1386254), Director who retire by rotation and being eligible, offers himself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.95%

    Turnout: all 63.20% · promoters 100.00% · institutions 0.00% · other public 0.13%

  3. To fix the remuneration of Shri. B.K.Patodia, Chairman & Managing Director for his balance tenure
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.95%

    Turnout: all 63.20% · promoters 100.00% · institutions 0.00% · other public 0.13%

  4. To ratify remuneration of M/s. Hareesh K.N. & Associates (Regn No. 101947), Cost Accountant, as Cost Auditor of the Company for FY 2017-18
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 19.08%

    Turnout: all 63.20% · promoters 100.00% · institutions 0.00% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.