Intimation for appointment of Cost Auditor for the financial year 25-26.
Awaiting price reaction for this filing.
GB Global Ltd has appointed Mr. Pradip Mohanlal Damania, a Cost & Management Accountant (Firm Registration No: 101607), as the Cost Auditor for the financial year 2025-26. The appointment was approved by the Board of Directors at its meeting held on 29th May, 2025, and is made under Section 148 of the Companies Act, 2013, read with the relevant rules. Mr. Damania is an independent practitioner with experience in cost audits, statutory and internal audits, product costing, budgeting, and financial control, and the appointment is on an arm's-length basis with no disclosed relationship with the company. The filing is a routine regulatory disclosure under SEBI Listing Regulations, signed by Managing Director Vijay Thakkar.
This is a routine compliance appointment with no material impact on shareholders or the stock price. It reflects standard corporate governance practice and does not signal any change in business outlook or financial position.