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

GB Global's Board has approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs 13.31 Cr and a net profit of Rs 12.61 Cr.

A key decision is the re-approval of the merger with Dev Land & Housing Private Limited (DLH). This strategic move aims to consolidate group companies, streamline operations, and boost efficiency. GB Global shareholders (excluding DLH) will get an an exit opportunity at Rs 120 per equity share. Post-merger, GB Global, the currently listed entity, will be dissolved.