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

02-08-2025 | 02:10 pm

GSL Securities' board approved the financial results for the quarter ended June 30, reporting a net loss of Rs 0.07 Cr. The company has decided to issue 10.25 lakh equity shares for Rs 4.25 Cr via a preferential allotment to strategic non-promoter investors, aiming to raise capital. Mr. Santkumar Bagrodia's re-appointment as Managing Director for one year was also approved. The company plans to voluntarily delist its shares from Calcutta Stock Exchange, while continuing its listing on BSE. An Annual General Meeting is announced for August 30 to seek shareholder approval for these proposals, including adopting new Articles of Association.

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