GSB Finance Ltd — Important, 13-07-2026: Company Update

GSB Finance Limited's board has approved several key strategic changes. The company plans to increase its authorized share capital from Rs. 6 Cr to Rs. 10 Cr. It will also issue 12 lakh equity shares at Rs. 36 each via a preferential issue, raising Rs. 4.32 Cr from promoters and non-promoters. A significant rebranding is planned, with the company proposing to change its name to Coffers Finvest Limited. New Internal and Secretarial Auditors were appointed, and the Audit Committee composition was altered. These major decisions are subject to shareholder approval at an upcoming Extra-Ordinary General Meeting.