The Company decided to convene the 41st AGM of the members of the Company on 30th September, 2025 at the registered office of the Company at 11:30 am.
Awaiting price reaction for this filing.
GB Global Limited has scheduled its 41st Annual General Meeting on Tuesday, 30th September 2025 at 11:30 AM (IST), to be held physically at the registered office in Andheri West, Mumbai. The AGM will consider adopting the audited financial statements for FY 2024-25 and the re-appointment of Mrs. Tanam Thakkar (DIN: 00284512), who retires by rotation. Key special business items include seeking shareholder approval for related party transactions for FY 2025-26 capped at Rs. 650 Crores, ratification of Rs. 1,00,000 remuneration for Cost Auditors M/s Pradip Mohanlal Damania, and enhancing multiple borrowing/investment limits (Sections 185, 186, 180(1)(a), and 180(1)(c)) to Rs. 650 Crores each. Remote e-voting via NSDL will run from 27th September (9:00 AM) to 29th September 2025 (5:00 PM), with 22nd September 2025 as the cut-off date.
The Rs. 650 Crore limits across related party transactions, loans, investments, and borrowings indicate significant headroom being sought by management, which may signal upcoming expansion, acquisitions, or capital raising activity. Shareholders should review the proposed resolutions carefully as they grant the board broad financial flexibility beyond standard statutory thresholds.