GSS Infotech Share Price
GSS Infotech Ltd.
GSS Infotech Ltd.
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As of 02 Dec`22 the Market Cap of GSS Infotech Ltd. is 445.44.
As of 02 Dec`22 the PE is 243.75 and PB is 1.72.
The Revenue for the quarter ended September 2022 of Rs. 54.30 millions grew by 10.70 % from Rs. 49.05 millions.The company almost doubled its revenue to Rs. 16.07 millions from Rs. 4.76 millions in the quarter ended September 2022.The company reported a good operating profit of 20.35 millions compared to 9.20 millions of corresponding previous quarter.
(Rs. in Million)
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Quarterly Results Inter-alia for the following: 1. To consider and approve inter alia Standalone & Consolidated Unaudited Financial Results of the Company for the third quarter and nine months ended December 31, 2021 2. To consider the allotment of Convertible Equity Warrants ("Warrants") on preferential basis to Promoter and Non-Promoter in reference to our letter dated 4th December 2021 and in pursuance to the approval granted by the Shareholders of the Company at their Extra-ordinary General Meeting held on 3rd January 2022. 3. Any other business with the permission of the Chair.
Scheme of Arrangement Inter-alia to consider the following: 1. To approve the following, subject to approval of shareholders of the Company, stock exchanges and other regulatory authorities: a. Draft Scheme of Merger of Polimeraas Agros Private Limited (which is presently Polimeraas Agros LLP and is in the process of conversion into Polimeraas Agros Private Limited) with GSS Infotech Ltd; b. the relevant documents under Regulation of 37 of the SEBI (LODR) Regulations, 2015 to be annexed along with the Draft Scheme to be submitted to the Exchanges / SEBI and 2. Any other business with the permission of the Chair.
Inter-alia to consider the following: 1. To discuss regarding potential acquisition. 2. Raising of funds by way of issuance of equity shares/convertible warrants including but not limited to through preferential issue and/ or Qualified Institutions Placement (QIP)/ or any other methods on private placement basis, through one or more permissible modes or issue of securities in any combination thereof etc. subject to regulatory approvals, as may be required. The Board, if required, would also consider convening an extra-ordinary general meeting / postal ballot process to seek approval of the shareholders in respect of the aforesaid proposal of fund raising, as required. 3. Any other business with the permission of the Chair.
Inter-alia, to consider the following matters: 1. to consider and re-appointment of Mr. Bhargav Marepally as the Managing Director of the Company for a period of 5 years subject to the necessary approvals.