GSLSUBSEGLOBAL SURFACES LIMITEDMediumNegative
Announced Mon, 10 Aug · 19:15 IST

CFO change, Q1 FY27 results, subsidiary loan-to-equity and AGM nod

Cfo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+9.4%1-day move
₹27.01
prior close
₹27.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.9+0.5+0.7+2.0+9.4+14.8+19.4+24.8+31.0+29.3-9.5+3.7
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AI summary

Q1 FY27 consolidated revenue Rs 65.4 crore, marginal profit after tax of Rs 6.4 lakh versus loss earlier. Standalone profit Rs 2.5 crore. CFO change: Mayank Shah steps down, continues as CMD; Ashish Agarwal new CFO. Sweta Shah re-appointed WTD for 3 years. Auditor Ummed Jain re-appointed for 5 years. Rs 110 crore loan to Dubai subsidiary converted to equity. Rs 2 crore SBLC rolled over. AGM September 19.

Likely market impact

Q1 swung to marginal profit but subsidiary FZE remains loss-making. CFO transition and promoter family board continuity noted.