GSL Securities Ltd — Others, 06-08-2025: AGM/EGM

GSL Securities has called its 31st Annual General Meeting. Key items include adopting the audited financial statements for FY25, which showed a net loss of 0.16 Cr and net worth of 5.81 Cr. Shareholders will also vote on re-appointing Mr. Santkumar Bagrodia as Managing Director, with an annual remuneration of up to 0.09 Cr, and adopting new Articles of Association. A significant proposal is a preferential issue of 10.25 lakh equity shares at Rs. 41.50 each, raising 4.25 Cr from non-promoter strategic investors. This capital infusion is for working capital and general corporate purposes, aiming to strengthen the company’s financial position and support future growth, leading to shareholding dilution.