Announced Fri, 15 May · 21:28 IST

Pursuant to provision of Regulation 30 of LODR, Nomination and Remuneration Committee has approved grant of 4,90,000 Options to the Eligible Employee under "Global space Technologies Limited ....

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹26.43
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AI summary

Globalspace Technologies held its Board meeting on May 15, 2026, approving multiple items including audited financial results for FY 2025-26. Standalone revenue grew 12.6% to Rs 3,301.35 lakhs with net profit of Rs 136.49 lakhs, a turnaround from Rs 183.73 lakh loss in FY 2024-25. Consolidated revenue rose 19.6% to Rs 5,146.92 lakhs with net profit of Rs 285.23 lakhs, compared to Rs 199.92 lakh loss previously. The company appointed Ms. Tania Mazumdar as CEO for a 3-year term. She brings 22+ years of experience in pharmaceutical and digital health sectors. Additionally, 4,90,000 stock options were granted to employees under the ESOS 2018 scheme. The auditors issued unqualified opinions on both standalone and consolidated financials.

Likely market impact

The company has demonstrated a strong turnaround from losses to profitability with improved operational efficiency. The new CEO appointment and stock option grant may boost investor confidence, though shareholders should monitor the dilution impact from the ESOS scheme.