GM Breweries Limited — Board Meeting, 06-03-2025: Outcome of Board Meeting

G. M. Breweries has announced a board meeting to discuss the incorporation of a wholly owned subsidiary, Buildfort Infradev Private Limited, aimed at venturing into infrastructure development, including residential housing spaces. The new subsidiary will be established with an equity capital of ₹1 lakh, consisting of 10,000 equity shares, with G. M. Breweries holding 9,999 shares and a nominee holding 1 share. This strategic move is anticipated to enhance the company’s portfolio in the infrastructure sector.