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Gloster LimitedJV/Acquisition, 12-11-2025: Amalgamation/Merger

12-11-2025 | 06:06 pm

Gloster Limited is amalgamating with its wholly-owned subsidiaries, Gloster Lifestyle Limited and Gloster Specialities Limited. This move aims to optimize capital and asset utilization, strengthen future growth, and enhance overall efficiency to boost shareholder value. Since the subsidiaries are wholly-owned, no new shares of Gloster Limited will be issued. Consequently, there will be no change in Gloster Limited's shareholding pattern post-merger. Gloster Limited's standalone turnover for FY25 was ₹626.68 Crore.

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