In compliance with Regulation 30 and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements), 2018, Global Surfaces has informed that the company has repaid the Term loan amounting to USD 48,94,768 equivalent to of HDFC Bank out of Initial Public Offer proceeds as mentioned in the prospectus dated March 16, 2023. The repayment will result in the reduction of the financial expenses.
The above information is a part of company’s filings submitted to BSE.
