Global Education Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting
04-08-2025 | 03:57 pm
04-08-2025 | 03:57 pm
Global Education Ltd. has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported a consolidated total income of Rs 15.26 Cr and a net profit of Rs 4.22 Cr for the quarter.
Strategic decisions include in-principle approval to acquire commercial office space in Nagpur and an additional investment of up to Rs 7.50 Cr into its wholly-owned subsidiary, Global Sports Academy Private Limited. The Board also approved the reclassification of Mr. Rishabh Sunil Surana from a promoter to a public shareholder, as he now holds no shares. Additionally, 26,050 stock options were granted to eligible employees under the ESOP 2025 plan.
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