ALFA Filings
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Suyog Gurbaxani Funicular Ropeways Limited announced that CRISIL Ratings has withdrawn the credit rating for its ₹35 Crore long-term bank facilities at the company's request.
Suyog Gurbaxani Funicular Ropeways Limited will hold its 17th Annual General Meeting on September 29, 2026, through video conferencing to transact routine business and dividend declaration.
Suyog Gurbaxani Funicular Ropeways recommended a final dividend of Re. 0.50 per share for FY 2025-26. The record date is set for September 22, 2026.
Suyog Gurbaxani Funicular Ropeways Limited has scheduled a board meeting for August 18, 2026, to consider and recommend a final dividend for the financial year ended March 31, 2026.
Suyog Gurbaxani Funicular Ropeways shareholders approved the reclassification of certain promoter group members to the public category. The resolution was passed via postal ballot with requisite majority.
Suyog Gurbaxani Funicular Ropeways announced that Mr. Somnath Gurushantappa Lature's application for promoter group to public category reclassification has received BSE's no-objection and awaits shareholder approval.
BSE approved the reclassification of Mr. Somnath Gurushantappa Lature from Promoter Group to Public category. The change currently awaits final shareholder approval.
Suyog Gurbaxani Funicular Ropeways Ltd issued a postal ballot notice for shareholder voting. Resolutions include reclassifying a promoter and reappointing an independent woman director.
Suyog Gurbaxani Funicular Ropeways re-appointed Mrs. Manisha Shelar as an Independent Woman Director. The term spans three years from September 2026 to 2029.
BSE granted no-objection for reclassification of promoter Somnath Lature to public category. This reduces promoter group count and may improve corporate governance perception.
Suyog Gurbaxani Funicular Ropeways Ltd reported revenue from operations of ₹20 Cr (-33.8% YoY) and net profit of ₹4.8 Cr (-44.8% YoY) for H2 FY26.
Suyog Gurbaxani Funicular Ropeways approved its FY26 audited financial results. The board deferred dividend recommendations and appointed M/s. SKSS & Associates as internal auditors.
Suyog Gurbaxani Funicular Ropeways scheduled a Board Meeting on May 29, 2026. Directors will approve annual financial results and recommend a final dividend.
Late Mr. Vivek Gurushantappa Lature's single share was transmitted to legal heir Mrs. Sampada Vivek Lature. This administrative transmission does not impact company control.
Suyog Gurbaxani Funicular Ropeways Limited submitted a non-applicability declaration regarding SEBI Regulation 24A. As the company's securities are listed on the BSE SME Exchange, it is exempt from submitting the Annual Secretarial Compliance Report. The company confirmed it will continue to comply with all other applicable listing requirements.
Suyog Gurbaxani Funicular Ropeways Limited has been assigned new credit ratings by CARE Ratings Limited for ₹80.00 Crore of bank facilities. Long-term facilities received a 'CARE BBB-; Stable' rating, reflecting an established operational track record. The company transitioned to CARE Ratings after its contract with CRISIL expired.