Gleam Fabmat Limited Share Price Today

Glaam Up Jwel AGM approves ₹100 crore borrowing limit

Shareholders approved borrowing up to ₹100 crore with 99.72% votes in favor. All nine resolutions, including director regularizations, passed unanimously by majority. Voting results show 3,883,000 votes in favor versus 11,000 against for each item. Meeting adopted FY26 financial statements and authorized asset charges for debt security.

Glaam Up Jwel posts ₹11.87 lakh profit; AGM book closure set

Glaam Up Jwel posts ₹11.87 lakh net profit in FY26, up from ₹1.01 lakh. Book closure for 8th AGM is from September 23 to September 29, 2026. Remote e-voting runs from September 26 to September 28, 2026. Board approves borrowing limit of up to ₹100 crore. Auditors flag Axis Bank default and GST penalty risks.

Glaam Up Jwel appoints Nirav Khatri as additional non-executive director

Glaam Up Jwel appoints Nirav Khatri as additional non-executive director. Appointment is subject to approval by shareholders. Mayabhai Bhikhabhai Kotar resigns as non-executive director. Resignation effective August 24, 2026, due to personal reasons. Board meeting held on August 25, 2026, in New Delhi.

Glaam Up Jwel FY26 profit hit by GST penalty audit qualification

Glaam Up Jwel Limited reported a net profit of ₹11.87 lakh for FY26, up from ₹1.01 lakh in FY25, with revenue rising to ₹1,239.28 lakh. However, statutory auditors Kapish Jain & Associates issued a qualified opinion, citing a ₹2,223.54 lakh GST penalty for alleged fraudulent ITC availment and a ₹2.06 crore default with Axis Bank Limited. The company has not provisioned for these liabilities, which auditors warn could turn the profit into a substantial loss and cast doubt on its going concern status.

Glaam Up Jwel Limited Claims Exemption from Annual Secretarial Compliance Report for FY26

Glaam Up Jwel Limited has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable for FY26 due to SME Exchange listing exemption. The company claims relief under Regulation 15(2) of SEBI regulations, which exempts SME-listed entities from submitting this compliance report to the stock exchange.

Glaam Up Jwel Limited Confirms Non-Applicability of SEBI Large Entity Framework for Debt Securities

Glaam Up Jwel Limited has clarified to BSE that it does not qualify as a Large Entity under SEBI's debt securities framework, referencing circulars from 2018 and 2023. The notification, submitted on April 15, 2026, by Director Mayabhai Bhikhabhai Kotar, ensures regulatory compliance and transparency regarding the company's status under current SEBI guidelines for debt securities issuance.