GS Auto International Limited Reports Additional Promoter Group Share Acquisition

GS Auto International Limited has filed another disclosure with BSE Limited regarding the acquisition of equity shares by promoter group member Gurmukh Singh International Limited under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011.

Latest Share Acquisition Details

Gurmukh Singh International Limited acquired 3,101 equity shares of GS Auto International Limited through open market transactions on March 24, 2026. The acquisition represents 0.02% of the company's total share capital.

Transaction Details: Value Shares Acquired: 3,101 Percentage of Total Capital: 0.02% Mode of Acquisition: Open Market Date of Acquisition: March 24, 2026 Acquiring Entity: Gurmukh Singh International Limited

Previous Acquisition Activity

This follows a recent acquisition by another promoter group member, Harkirat Singh Ryait, who acquired 5,000 equity shares on March 20, 2026, representing 0.03% of the company's total share capital through open market transactions.

Updated Promoter Group Holdings

The promoter group consists of eight persons acting in concert (PACs). Following the latest acquisition by Gurmukh Singh International Limited, the group's combined shareholding has increased further.

Holdings After Latest Acquisition

Promoter Group Member: Shares Held Percentage Gurmukh Singh International Limited: 3,101 0.02% G J Holdings Private Limited: 43,68,340 30.10% Surinder Singh: 6,54,430 4.51% Jasbir Singh Ryait: 5,80,550 4.00% Ranjodh Singh Ryait: 1,81,540 1.25% Dalvinder Kaur Ryait: 1,44,860 1.00% Amarjit Kaur: 1,23,820 0.85% Harkirat Singh Ryait: 5,000 0.03% Total Group Holding: 60,61,641 41.76%

Company Capital Structure

The company's equity share capital structure remains unchanged despite these recent acquisitions:

Capital Details: Amount/Number Total Equity Share Capital: Rs. 7,25,72,900 Number of Equity Shares: 1,45,14,580 Face Value per Share: Rs. 5 Listing Exchange: BSE Limited

Regulatory Compliance

Both disclosures were made pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates reporting of substantial acquisitions of shares. The filings confirm that no encumbrances, voting rights other than equity shares, or convertible securities were involved in these transactions.

The company is headquartered at GS Estate, G T Road, Ludhiana, Punjab, and maintains its shares listed on BSE Limited. These sequential acquisitions represent minor adjustments in the promoter group's shareholding pattern while strengthening their controlling stake in the company.

GS Auto International Limited has announced a board meeting scheduled for March 30, 2026, to discuss significant fund raising proposals. The meeting represents a key corporate development as the company explores various financing options to support its business operations.

Board Meeting Details

The board meeting has been scheduled with specific logistical arrangements and a focused agenda for fund raising considerations.

Parameter: Details Meeting Date: Monday, March 30, 2026 Time: 12:30 P.M. Venue: Hotel Shivalikview, Section 17E, Chandigarh-160017 Primary Agenda: Fund raising proposal discussion and approval

Fund Raising Proposal

The primary agenda item focuses on comprehensive fund raising strategies that the company may pursue. The board will consider and potentially approve fund raising through multiple financial instruments and methods.

The proposed fund raising structure includes:

Equity shares issuance

Other securities as permitted under applicable law

Any permissible mode of fund raising

Subject to necessary regulatory and statutory approvals

Regulatory Compliance Measures

GS Auto International Limited has implemented strict compliance measures in accordance with Securities and Exchange Board of India regulations. The company has established a trading window closure to ensure adherence to insider trading prevention guidelines.

Compliance Aspect: Details Trading Window Closure: March 24, 2026 onwards Applicable Persons: Designated persons and immediate relatives Closure Duration: Until 48 hours after audited financial results declaration Results Period: Quarter ended March 31, 2026

The trading window restrictions align with Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders. These measures ensure transparent and compliant corporate governance practices during the period of material information consideration.

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