Global Surfaces Limited — Others, 31-05-2025: Shareholders meeting

Global Surfaces Limited has announced a postal ballot for shareholders to approve three key proposals. It plans material related party transactions with its US subsidiaries involving supply and sale arrangements up to ₹150 crore in FY26 to strengthen global operations. The company aims to raise up to ₹155 crore through equity shares, convertible securities, or other instruments to support growth initiatives, capital expenditure, working capital, and debt repayment. Additionally, it seeks to increase its authorised share capital from ₹55 crore to ₹65 crore to enable future fundraising. The board will finalize terms and actions after approval.