img

News Topical, Digital Desk : On 26 June 2025, the entire market was in a good shape. At the same time, there was a sharp decline in this stock. The stock has fallen by 20 percent from January to June. At the same time, there is a decline of -5 percent in a month and the stock finally closed at Rs 200. FIIs have sold heavily. The share was 19.81 percent in December 2023, which fell to 11.81 percent by December 2024. On the other hand, the share of DII i.e. domestic institutional investors has increased. It has increased from 9.31 percent to 11.7 percent during this period.

In the last few months, it has been in discussion among small investors and traders. The company released its annual report on the exchange on 26 June 2025. After this report, it is clear that investing in it can be risky.

10 important things for shareholders/investors of GSFC ( This is based on the report ) Continuous loss The company has incurred a loss of more than ₹ 125 crore in the year 2024-25, and adding the previous loss, the total loss has been more than ₹ 3,425 crore so far. 

Main business closed GSFC has stopped giving new loans and business operations for the last two decades. Now the company only recovers old loans. 

Very low income The total income was ₹ 17.25 crore, out of which ₹ 15.12 crore came only from interest on bank deposits, while only ₹ 13.8 lakh was received from loans. 

Decline in share market The company's share price fell to ₹ 13.15 in March 2025, whereas it was ₹ 31.80 at the beginning of the year. That is, a decline of about 60%. 

NPA 100% All the loans of the company have become NPA (Non-Performing Asset) and there is no profit on them. A total of ₹ 398 crores have been lost. 

Massive staff reduction Now the company has only 12 employees, out of which only 8 are working. This indicates that the operations are nominal. 

Change in the board The company's chairperson, managing director and many directors have been changed, which indicates a lack of stability to investors. 

Demand for relaxation in rules from SEBI The company has sought relaxation in some rules from SEBI, but BSE has imposed a fine of more than ₹ 47 lakh in four consecutive quarters. 

Question on "going concern" The auditors have said that the company's net worth has been exhausted and its future is uncertain as a "going concern". That is, there is no assurance as to how long the company will be able to run. 

No growth plans The company has clarified that it has no plans to give loans or start the main business in the near future. The focus is only on recovery. 


Read More: IPO News: Mumbai's luxury food service company is bringing its IPO, filed draft papers

--Advertisement--