Global Surfaces Limited
All news and filings related to Global Surfaces Limited.
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Global Surfaces Ltd. AGM Voting Results: All resolutions passed with overwhelming support.
Global Surfaces Limited's 35th AGM on September 19, 2026, saw all resolutions pass with over 99.99% of votes in favour. Key approvals included adopting FY26 financial statements, re-appointing Mrs. Sweta Shah as director and whole-time director, re-appointing Dr. Chandan Chowdhury as independent director, and appointing M/s. Ummed Jain & Co. as statutory auditors.
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Global Surfaces Limited Holds 35th AGM on Sep 19, 2026
Global Surfaces Limited held its 35th AGM on September 19, 2026, virtually. Key businesses included adopting FY26 financial statements and re-appointing directors and auditors. The meeting confirmed a quorum of 51 shareholders and concluded by 12:20 PM IST.
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Global Surfaces Limited's Credit Ratings Downgraded by Acuité
Acuité Ratings & Research has downgraded Global Surfaces Limited's credit ratings. Long-term facilities are now ACUITE BBB- Negative, and short-term facilities are ACUITE A3+. The downgrade reflects moderating performance, weakened financial profile, and stretched liquidity. FY26 revenue was ₹233.24 Cr. vs ₹207.64 Cr. in FY25, but net losses continued.
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Global Surfaces Limited Announces 35th AGM on September 19, 2026
Global Surfaces Limited will hold its 35th Annual General Meeting (AGM) on Saturday, September 19, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). This follows the circulation of the AGM notice and e-voting information.
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Global Surfaces Ltd. to hold 35th AGM on Sep 19, 2026, via VC/OAVM
Global Surfaces Limited will hold its 35th AGM on September 19, 2026, at 11:00 AM IST via Video Conference. E-voting is open from September 16 to September 18, 2026. The Annual Report for FY 2025-26 is also available.
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Global Surfaces Limited Announces 35th AGM on September 19, 2026
Global Surfaces Limited will hold its 35th AGM on September 19, 2026, via Video Conference. The meeting will approve FY26 financial statements. Key agenda items include appointing auditors for five years and re-appointing directors Mrs. Sweta Shah and Dr. Chandan Chowdhury for new terms. E-voting opens September 16, 2026, and closes September 18, 2026.
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Global Surfaces Ltd. Re-submits Unaudited Financial Results for Q1 FY27
Global Surfaces Limited re-submitted its unaudited financial results for the quarter ended June 30, 2026, due to formatting issues. Standalone PAT was ₹2.54 crore, consolidated PAT was ₹0.06 crore. The company completed the conversion of inter-company loans into equity for its Dubai subsidiary and is discontinuing operations at its Bagru Unit.
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Global Surfaces Limited Announces 35th AGM on September 19, 2026
Global Surfaces Limited will hold its 35th Annual General Meeting on September 19, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing and Other Audio-Visual Means. This announcement was published in newspapers on August 18, 2026.
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Global Surfaces Q1 FY27 Earnings Call Transcript Released
Global Surfaces Limited released its Q1 FY27 earnings call transcript. Revenue grew 44% to ₹65 crore, with EBITDA at ₹8 crore and margins at 12.69%. The company is focusing on its engineered Quartz business, diversifying geographically, and launching in the Indian domestic market in Q2 2027. Discontinuation of the Bagru unit is underway, with asset disposal expected within the financial year.
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Global Surfaces Limited: Newspaper Publication for Un-audited Financial Results Q1 FY27
Global Surfaces Limited published Un-audited Financial Results for Q1 FY27 on August 12, 2026. The announcement emphasizes shareholder rights and responsibilities in corporate governance and financial decision-making. It also provides historical context on shareholder engagement initiatives dating back to 1992.
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Global Surfaces Ltd Q1 FY27 Earnings Call Audio Recording Available
Global Surfaces Limited has released the audio recording of its Q1 FY27 earnings conference call held on August 11, 2026. The recording, discussing financial and operational performance for the quarter ended June 30, 2026, is available on the company's website. The transcript will be provided later.
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Global Surfaces Q1FY27 Revenue at ₹654 Crore, EBITDA Margins at 12.69%
Global Surfaces Limited reported Q1-FY27 revenue of ₹654 crore, down 12.2% YoY but up 44.1% QoQ. EBITDA was ₹83 crore with margins at 12.69%. The company achieved a PAT of ₹0.6 crore, turning around from a loss in Q1-FY26. UAE operations are the largest revenue contributor.
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Global Surfaces Ltd. Corrects Q1 FY27 Consolidated Financial Results
Global Surfaces Limited corrected its Q1 FY27 consolidated financial results due to a clerical error. The figures for 'Cost of materials consumed' and 'Changes in inventories' were interchanged. The company confirmed no impact on total expenses, income, or profit.
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Global Surfaces Board Approves Q1 FY27 Results, Appoints New CFO, Re-appoints Auditors & Directors
Global Surfaces Limited's Board approved Q1 FY27 results. Mr. Ashish Agarwal appointed CFO, replacing Mr. Mayank Shah. M/s. Ummed Jain & Co. re-appointed as auditors for 5 years. Mrs. Sweta Shah re-appointed as Whole-time Director. 35th AGM scheduled for Sep 19, 2026. Loan conversion to subsidiary approved, ₹2 crore corporate guarantee issued.
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Global Surfaces Board Approves Q1 FY27 Results, Appoints New CFO, Re-appoints Auditors and Directors
Global Surfaces Limited approved Q1 FY27 results on August 10, 2026. Mr. Ashish Agarwal appointed CFO from August 11, 2026. Auditors and directors re-appointed. 35th AGM scheduled for September 19, 2026. Inter-company loan of ₹110.44 crore to subsidiary converted to equity.
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Global Surfaces Board Approves Q1 FY27 Results, Appoints New CFO, Reappoints Auditors & Directors
Global Surfaces Limited approved Q1 FY27 results on August 10, 2026. Mr. Ashish Agarwal appointed CFO from August 11, 2026. Mrs. Sweta Shah reappointed Whole-time Director (Sep 11, 2026 - Sep 10, 2029). 35th AGM on Sep 19, 2026. Loan conversion to subsidiary expected by Sep 30, 2026.
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Global Surfaces Board Approves Q1 FY27 Results, Appoints New CFO, Reappoints Auditors & Directors
Global Surfaces approved Q1 FY27 results. Mr. Ashish Agarwal appointed CFO replacing Mr. Mayank Shah. Mrs. Sweta Shah reappointed Whole-time Director, Dr. Chandan Chowdhury as Independent Director. Auditors reappointed for 5 years. AGM on Sept 19, 2026. Loan conversion of ₹110.44 crore approved for subsidiary.
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Global Surfaces Board Approves Q1 FY27 Results, Appoints New CFO, Re-appoints Auditors and Directors
Global Surfaces Limited approved Q1 FY27 results on August 10, 2026. Mr. Ashish Agarwal appointed CFO from August 11, 2026. M/s. Ummed Jain & Co. re-appointed as Statutory Auditors for 5 years. Mrs. Sweta Shah re-appointed as Whole-time Director and Dr. Chandan Chowdhury as Independent Director. 35th AGM scheduled for September 19, 2026.
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Global Surfaces Schedules Q1 FY27 Earnings Conference Call for August 11, 2026
Global Surfaces Limited will host an Earnings Conference Call on August 11, 2026, at 2:00 PM IST to discuss Q1 FY27 financial results. Management representatives will attend. No UPSI will be shared during the call.
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Global Surfaces Limited Clarifies Price Movement, Cites Market Driven Factors
Global Surfaces Limited responded to NSE and BSE regarding significant stock price movement. The company stated all material information has been disclosed and attributes the price fluctuations to market-driven factors, denying any connection to the movement.
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Global Surfaces Limited: Regulation 74(5) Certificate for Q1FY27 Confirms All Shares in Demat Form
Global Surfaces Limited submitted its SEBI Regulation 74(5) certificate for the quarter ended June 30, 2026. The company confirmed that its entire shareholding is in demat form, rendering the regulation inapplicable. No requests for dematerialisation or rematerialisation were received during the period.
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Global Surfaces Ltd. Faces ₹1.74 Crore Penalty from Income Tax Dept.
Global Surfaces Limited received an order imposing a penalty of ₹1.74 Crore for the Assessment Year 2019-20. The penalty is for alleged contravention of Section 269SS of the Income-tax Act, 1961. The company plans to file an appeal and does not expect material adverse financial impact.
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Global Surfaces Promoter Group Holds 73.25% Shares as of March 31, 2026
Global Surfaces Limited's Promoter and Promoter Group holds 73.25% stake as of March 31, 2026. No shares were encumbered during FY26. An inter-se transfer within the promoter group occurred on March 20, 2026, without impacting aggregate shareholding.
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Global Surfaces Limited Closes Trading Window from July 1 for Q1 FY27 Results
Global Surfaces Limited will close its trading window from July 1, 2026, for designated persons. The closure is in accordance with SEBI's insider trading regulations and will last until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. The board meeting date for approving results will be announced later.
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Global Surfaces shareholders approve director changes and related party transactions via postal ballot.
Global Surfaces Limited shareholders approved the appointment of Rakesh Grover as Non-Executive Independent Director and the redesignation of Yashwant Kumar Sharma to Non-Executive Non-Independent Director. Shareholders also approved material related party transactions for FY 2026-27 with GSI and SSI.
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Global Surfaces Q4 FY26 Revenue Declines 21% to ₹454 Crore Amidst Challenging Market Conditions
Global Surfaces Limited reported a 21% year-on-year decline in Q4 FY26 revenue to ₹454 Crore. The company incurred a net loss of ₹234 Crore for the quarter and ₹318 Crore for FY26. Performance was impacted by market challenges and regional disruptions. Focus is shifting to domestic and GCC markets.
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Global Surfaces Limited Submits Newspaper Clippings for Postal Ballot Notice
Global Surfaces Limited has published a postal ballot notice in Financial Express and Business Remedies on May 27, 2026. The notice will also be available on the company's website. This is a regulatory filing.
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Global Surfaces Limited Submits Newspaper Clippings of Audited Financial Results for Q4FY26
Global Surfaces Limited has published its audited financial results for the quarter and financial year ended March 31, 2026. The results were advertised in The Financial Express and Business Remedies on May 26, 2026, and will also be available on the company's website.
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Global Surfaces to seek shareholder approval for Director appointments and related party transactions via postal ballot.
Global Surfaces Limited is seeking shareholder approval via postal ballot for director appointments and related party transactions. Key proposals include appointing Rakesh Grover as Non-Executive Independent Director and redesignating Yashwant Kumar Sharma. The e-voting period is from May 27 to June 25, 2026.
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Global Surfaces Board Approves FY26 Financial Results, Reappoints Auditors, and Re-designs Director
Global Surfaces Limited's Board approved audited standalone and consolidated financial results for FY26. The Board re-appointed M/s NIA & Associates as Internal Auditor and approved the re-designation of Mr. Yashwant Kumar Sharma from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective July 1, 2026.
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Global Surfaces Board Approves FY26 Results, Re-appoints Internal Auditor, Re-designates Director
Global Surfaces Limited's Board approved audited standalone and consolidated results for Q4FY26 and FY26. The Board re-appointed NIA & Associates as Internal Auditor and approved the re-designation of Mr. Yashwant Kumar Sharma from Non-Executive Independent Director to Non-Executive Non-Independent Director, effective July 1, 2026.
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Global Surfaces Limited Corrects Unit of Measurement in Large Corporate Disclosure
Global Surfaces Limited corrects its large corporate disclosure for FY25-26. The unit of measurement for financial figures has been corrected from "Rs. in Crores" to "Rs. in Millions." Outstanding qualified borrowings were ₹43.04 million at the start and ₹33.49 million at the end of the financial year. Incremental borrowing was Nil.
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Global Surfaces Approves FY26 Audited Results, Reappoints Internal Auditor, Re-designates Director
Global Surfaces Limited approved its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also re-appointed M/s. NIA & Associates as Internal Auditor for FY27. Mr. Yashwant Kumar Sharma will be re-designated from Non-Executive Independent Director to Non-Executive Non-Independent Director effective July 1, 2026.
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Global Surfaces Limited: Promoter Group Share Transfer of 2.00% Equity
Global Surfaces Limited reports an inter-se transfer of 8,45,906 equity shares (2.00%) within its Promoter Group. Vatsankit Shah acquired these shares from Vatsankit Shah Trust on March 20, 2026, due to trust dissolution. This transaction is exempt from open offer requirements and does not alter the total Promoter Group holding.
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Global Surfaces Limited: Certificate under SEBI Regulations Confirms Shares in Demat Form
Global Surfaces Limited received a certificate from its RTA, Bigshare Services, for the quarter ended March 31, 2026. The certificate confirms that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, is not applicable as all company shares are in demat form, with no rematerialization or dematerialization requests received.
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Global Surfaces Receives ₹37.49 Crore Tax Demand for AY23-24
Global Surfaces Limited received an income tax demand of ₹37.49 crore for Assessment Year 2023-24. The company is reviewing the order and plans to appeal, expecting no material adverse impact on its financials.
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Global Surfaces Appoints Rakesh Grover as Additional Director, Accepts Ashish Kachawa's Resignation
Global Surfaces appointed Rakesh Grover as Additional Non-Executive Independent Director for two years, effective March 30, 2026. The company also accepted the resignation of Ashish Kumar Kachawa from his Non-Executive, Non-Independent Director role, effective March 30, 2026. Mr. Kachawa also resigned from the board of a material subsidiary.
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Global Surfaces Appoints Rakesh Grover as Additional Director, Accepts Ashish Kachawa's Resignation
Global Surfaces Limited appointed Rakesh Grover as an Additional Non-Executive Independent Director for two years, effective March 30, 2026. The Board also accepted the resignation of Ashish Kumar Kachawa as Non-Executive Non-Independent Director, effective March 30, 2026. Kachawa also resigned from the subsidiary Global Surfaces FZE.
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Global Surfaces Limited Closes Trading Window from April 1 for Financial Results
Global Surfaces Limited will close its trading window from April 1, 2026, for designated persons. The closure is to prevent insider trading during the period leading up to the announcement of audited financial results for the quarter and year ended March 31, 2026. The exact date of the board meeting for results declaration is yet to be announced.
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Global Surfaces Promoter Group: Inter-se Transfer of 8.45 Lakh Shares, 2% Stake
Global Surfaces Limited reported an inter-se transfer of 8,45,906 equity shares (2.00% stake) on March 20, 2026. The transfer occurred between M/s. Vatsankit Shah Trust and Vatsankit Shah, both within the Promoter Group, due to trust dissolution. The overall promoter group holding remains unchanged.
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Global Surfaces Ltd: Promoter Group Shares Transferred Inter-Se on March 20, 2026
Global Surfaces Limited announced an inter-se transfer of 8,45,906 shares (2.00%) from Vatsankit Shah Trust to Vatsankit Shah on March 20, 2026. This transaction is part of trust dissolution and asset distribution. The company's total share capital remains unchanged.
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Global Surfaces Limited: Promoter Group Inter-se Share Transfer of 2% Equity
Global Surfaces Limited reports an off-market inter-se transfer of 8,45,906 equity shares (2.00%) on March 20, 2026. The transfer is from Vatsankit Shah Trust to beneficiary Vatsankit Shah, both part of the Promoter Group. This transaction is exempt from open offer rules.
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Global Surfaces Converts ₹50 Crore Loan to Equity in Subsidiary
Global Surfaces Limited's Board approved converting an additional ₹50 Crore loan to its subsidiary, Global Surfaces FZE, into equity. This strengthens the subsidiary's balance sheet and reduces finance costs. The conversion is expected to be completed by March 31, 2026.
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Global Surfaces Approves Conversion of ₹50 Crore Loan to Equity in Subsidiary
Global Surfaces Limited approved converting an additional ₹50 Crore loan into equity for its subsidiary, Global Surfaces FZE. This move aims to strengthen the subsidiary's financial health and support growth. The conversion is part of restructuring capital and is expected to be completed by March 31, 2026.
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Global Surfaces to Participate in 11th Annual Valorem Conference on March 23, 2026
Global Surfaces Limited will participate in the 11th Annual Valorem Conference on March 23, 2026, in Mumbai. No UPSI will be discussed. The latest investor presentation is available on the company's website.
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Global Surfaces Presents Investor Presentation for March 2026
Global Surfaces Limited released an investor presentation for March 2026. For 9M-FY26, the company reported revenue of ₹187.8 crore and EBITDA of ₹7.6 crore. It operates manufacturing facilities in India and Dubai, with subsidiaries in the USA. Key focus areas include engineered quartz and natural stone production, with strategic initiatives in export markets and technological advancements.
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Global Surfaces Promoter Group to Transfer 2% Stake on or after March 20
Global Surfaces Limited announces an inter-se transfer of 8,45,906 equity shares (2% stake) within its Promoter Group. The transfer from M/s. Vatsankit Shah Trust to Vatsankit Shah is planned for on or after March 20, 2026, due to trust dissolution. Promoter Group holding will remain unchanged.
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Vatsankit Shah to Acquire 2% Stake in Global Surfaces from Trust
Vatsankit Shah will acquire 2.00% stake (8,45,906 shares) in Global Surfaces Limited from M/s. Vatsankit Shah Trust on or after March 20, 2026. This is an inter-se transfer within the promoter group due to trust dissolution. The promoter group's total holding remains unchanged at 73.25%.
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Global Surfaces Resubmits Q3 FY26 Results; Approves Loan Conversion & Bagru Unit Discontinuation
Global Surfaces Limited re-submitted its Q3 FY26 financial results. The company's Board approved converting a ₹50 crore loan to its subsidiary Global Surfaces FZE into equity. Operations at the Bagru Unit will cease by March 31, 2026, due to sustained losses and market conditions.
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Global Surfaces Q3 FY26: Revenue Rises 28.6% YoY to ₹593 Crore, PAT at ₹(33) Crore
Global Surfaces Limited reported Q3 FY26 consolidated revenue of ₹593 crore, up 28.6% YoY. PAT improved to ₹(33) crore from ₹(104) crore YoY. For 9M-FY26, revenue grew 25.0% to ₹1,878 crore, with PAT at ₹(85) crore. The company is implementing cost optimization measures to address margin pressures.
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