GB Global Limited — Board Meeting, 28-02-2025: Outcome of Board Meeting

The Board of Directors of GB Global Limited has announced a board meeting outcome where key decisions were made, including the approval of the merger between GB Global Limited and Dev Land & Housing Private Limited. The merger aims to streamline operations and enhance shareholder value. Additionally, an Extra-Ordinary General Meeting is scheduled for March 31, 2025, to discuss the merger in detail. Other approvals include the appointment of NSDL for e-voting and a scrutinizer for the voting process. This consolidation is expected to improve operational efficiency and cash flow for the combined entity.