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Global Surfaces informs about outcome of board meeting

18 Mar 2026 Evaluate

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Global Surfaces has informed that the Board of Directors of the Company, at its meeting held today, Wednesday, March 18, 2026, has, approved the conversion of an additional unsecured loan of INR 50 Crore extended by the Company to its wholly owned subsidiary, Global Surfaces FZE, into equity shares of the said subsidiary. This is in addition to the earlier approval granted by the Board at its meeting held on February 3, 2026 for conversion of an unsecured loan of INR 50 Crore into equity shares of Global Surfaces FZE. In this regard the details as required under Regulation 30 read with schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure A. The Board Meeting commenced on March 18, 2026 at 10:40 am (IST) and concluded at 11:00 am (IST). The above notice will also be hosted on the website of the Company and the same can be accessed at www.globalsurfaces.in.

The above information is a part of company’s filings submitted to BSE.

Global Surfaces Share Price

56.45 -1.99 (-3.41%)
06-May-2026 16:01 View Price Chart
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