Pursuant to Regulation 30 of Securities and Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015 we enclose herewith the gist of the proceedings of ....
Awaiting price reaction for this filing.
GB Global Ltd held its 1st Extra-Ordinary General Meeting of FY 2025-26 on 3 December 2025 at its Mumbai registered office, from 11:30 a.m. to 12:15 p.m. Sixteen members attended in person. The meeting was chaired by Ms. Ritu Agarawal following an NCLT interim order dated 10 October 2025, with Managing Director Mr. Vijay Thakkar and Additional Director Mr. Dinesh Tarfe present, along with CFO Mr. Kishan Gangaram Jaiswal. The sole item of special business transacted was the approval of a Scheme of Merger by Way of Absorption of GB Global Limited (Transferor Company) into Dev Land & Housing Private Limited (Transferee Company). No members raised queries. Voting results from remote e-voting and e-voting at the meeting will be declared separately by the Scrutinizer, Mr. Himesh Pandya, and submitted to stock exchanges within prescribed timelines.
If approved, GB Global Ltd will merge into Dev Land & Housing Private Ltd, which is a significant corporate restructuring event — shareholders should watch for the voting outcome and swap ratio details once the Scrutinizer's Report is filed. The fact that an NCLT order is being cited for the chairperson's appointment also signals ongoing governance or insolvency-adjacent matters investors should monitor.