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GSL Securities LtdUpdates, 02-08-2025: Company Update

02-08-2025 | 02:01 pm

GSL Securities' board approved key strategic moves. The financial results for the quarter ended June 30, 2025, showing a net loss of 6.98 Lakhs, received board approval after audit committee review. The company plans to raise 4.25 Cr by issuing 10.25 lakh equity shares to strategic investors via a preferential allotment, subject to shareholder approval. This capital infusion is crucial for future operations. GSL will delist its shares from Calcutta Stock Exchange but remain listed on BSE, streamlining its market presence. The board also re-appointed Mr. Santkumar Bagrodia as Managing Director for one year. An Annual General Meeting is scheduled for August 30, 2025.

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