GB Global Limited — JV/Acquisition, 24-07-2025: Amalgamation/Merger

GB Global Limited is merging with Dev Land & Housing Private Limited. This strategic move aims for operational efficiency, cost optimization, and overall business growth, consolidating into a single larger entity. For eligible GB Global shareholders, the merger offers a cash exit option of Rs. 120 per share, plus one redeemable preference share (Rs. 10 FV) for each equity share held. Post-merger, GB Global will cease to exist, offering a clear pathway for investors.