Global Surfaces Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Global Surfaces' board has approved its consolidated financial results for the quarter, reporting revenue of Rs 74.50 Cr and a loss after tax of Rs 0.57 Cr. A major update: 95 lakh warrants, which were convertible into shares, lapsed as holders failed to exercise options. Consequently, Rs 49.61 Cr received from these warrants is forfeited and moved to Capital Reserve. The company will hold its 34th AGM on September 18, 2025. Despite US tariff challenges, Global Surfaces aims to mitigate impact via its multi-shore manufacturing, including a Dubai facility.