Global Surfaces Limited

Global Surfaces Limited

Global Surfaces Limited has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, stating that the regulation is not applicable to the company as all shares are held in dematerialized form and no requests for rematerialization or dematerialization were received during the quarter ended June 30, 2026.

Global Surfaces Limited

Global Surfaces Limited has received an order from the Income Tax Department imposing a penalty of Rs. 1,73,99,169/- for alleged contravention of Section 269SS of the Income-tax Act, 1961. The company believes it has adequate legal and factual grounds to address the matter and does not expect any material adverse impact on its financials, operations, or other activities.

Global Surfaces Limited

Global Surfaces Limited's promoter, Mayank Shah, has submitted a disclosure under SEBI Takeover Regulations, stating that he held 73.25% of the company's shares as of March 31, 2026, with no encumbrance of shares during the financial year.

Global Surfaces Limited

Global Surfaces Limited has informed the Exchange regarding the closure of the trading window for dealing in securities of the company due to the declaration of financial results for the quarter ending June 30, 2026.

Global Surfaces Limited

Global Surfaces Limited has submitted the Exchange a copy Scrutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Global Surfaces Limited

Global Surfaces Limited has informed the Exchange regarding Proceedings of Postal Ballot. The company has sought approval of the shareholders for four resolutions through a postal ballot process. The resolutions include the special appointment of Mr. Rakesh Grover as a Non-Executive Independent Director, the redesignation of Mr. Yashwant Kumar Sharma from Non-Executive Independent Director to Non-Executive Non-Independent Director, the approval of material related party transactions by the company with its related parties, and the approval of material related party transactions by Global Surfaces FZE, a wholly-owned subsidiary of the company, with its related parties.