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

GB Global has announced a board meeting where it re-approved the merger with Dev Land & Housing Private Limited (DLH). This strategic move aims to consolidate group operations, streamline structure, and enhance shareholder value by creating a larger, unified entity. Shareholders of GB Global (excluding DLH) will get an exit offer of Rs 120 per share, plus 1 Redeemable Preference Share for every equity share held.

For the quarter, GB Global reported a consolidated net profit of Rs 12.61 Cr, with total income at Rs 45.81 Cr. EPS for the quarter stands at Rs 2.52. The Board also approved the consolidated financial results. #GBGlobal #Merger #Financials