Global Defence Industries Appoints Two Independent Directors

Global Defence Industries Ltd announced the appointment of Mr. Sushanta Kumar Rout and Mr. Sanjeev Gupta as Non-Executive Independent Directors, effective November 05, 2026. The appointments are for a term of five years, subject to shareholder approval. The company also announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board meeting where these decisions were made commenced at 4:30 PM and concluded at 5:00 PM on November 05, 2026. The company's auditor, Kailash Chand Jain & Co., issued a limited review report on the financial results, noting a material uncertainty regarding the going concern of a subsidiary, Nibe Maritime Private Limited, due to negative networth.