The NCLT vide order dated 16 September 2019, ordered commencement of liquidation of Gujarat Foils and appointed Alok Kailash Saksena, Resolution professional as the Liquidator of the Company. Powered by Capital Market - Live News

Gujarat Foils announced the resignation of Ankita Singh, Independent Director and Viresh Mathur, Independent Director of the Company w.e.f. 21 August 2019Powered by Capital Market - Live News

Net Loss of Gujarat Foils reported to Rs 0.35 crore in the quarter ended June 2019 as against net loss of Rs 4.65 crore during the previous quarter ended June 2018. Sales declined 30.21% to Rs 12.43 crore in the quarter ended June 2019 as against Rs 17.81 crore during the previous quarter ended June 2018. ParticularsQuarter Ended�Jun. 2019Jun. 2018% Var. Sales12.4317.81 -30 OPM %4.02-15.50 - PBDT0.50-2.74 LP PBT-0.35-4.40 92 NP-0.35-4.65 92 Powered by Capital Market - Live News

Gujarat Foils announced that the 26th Annual General Meeting (AGM) of the company will be held on 29 November 2018.Powered by Capital Market - Live News

Net Loss of Gujarat Foils reported to Rs 321.48 crore in the quarter ended March 2018 as against net loss of Rs 26.45 crore during the previous quarter ended March 2017. Sales declined 72.95% to Rs 14.39 crore in the quarter ended March 2018 as against Rs 53.19 crore during the previous quarter ended March 2017.For the full year,net loss reported to Rs 384.32 crore in the year ended March 2018 as against net loss of Rs 42.38 crore during the previous year ended March 2017. Sales declined 24.72% to Rs 213.13 crore in the year ended March 2018 as against Rs 283.10 crore during the previous year ended March 2017. ParticularsQuarter EndedYear Ended�Mar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var. Sales14.3953.19 -73 213.13283.10 -25 OPM %-2223.70-37.79 --175.34-2.07 - PBDT-319.21-23.93 -1234 -375.28-32.75 -1046 PBT-321.20-24.97 -1186 -383.23-40.90 -837 NP-321.48-26.45 -1115 -384.32-42.38 -807 Powered by Capital Market - Live News