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Global Education LimitedBoard Meeting, 04-08-2025: Outcome of Board Meeting

04-08-2025 | 03:50 pm

Global Education Ltd's board held a meeting and approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a net profit of Rs. 4.22 crore and revenue from operations of Rs. 14.83 crore.

Key strategic decisions include in-principle approval for a new office property in Nagpur and authorization for up to Rs. 7.50 crore additional investment in its wholly-owned subsidiary, Global Sports Academy. The board also approved reclassifying Mr. Rishabh Sunil Surana from promoter to public shareholder, pending exchange approval, and granted 26,050 employee stock options at an exercise price of Rs. 2 per option.

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