Global Pet Industries Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of Global Pet Industries Limited has announced a board meeting outcome highlighting several key decisions. The standalone unaudited financial results for the half-year reveal a revenue from operations of ₹17.93 crore and a profit of ₹0.52 crore. Additionally, the board approved the allotment of 20 lakh equity shares at ₹109 each to non-promoter public shareholders, raising ₹21.80 crore. The company also approved the acquisition of the proprietorship firm M/s. Sai Pet Engineering as a related party transaction, aiming to expand its business operations.