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GSL Securities LtdBoard Meeting, 02-08-2025: Board Meeting

02-08-2025 | 01:35 pm

GSL Securities' board has approved the financial results for the quarter ended June 30, 2025, reporting a net loss of Rs 0.07 Cr. The board also approved issuing 10.25 lakh new equity shares on a preferential basis to strategic non-promoter investors, aiming to raise Rs 4.25 Cr for additional capital, pending shareholder approval. Mr. Santkumar Bagrodia has been re-appointed as Managing Director for one year from October 2025. The company will voluntarily delist its shares from Calcutta Stock Exchange, remaining listed on BSE. A new set of Articles of Association will be adopted, also subject to shareholder approval at the upcoming Annual General Meeting on August 30, 2025.

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