Board Meeting13 Aug 2026, 06:53 pm
Global Defence Industries defers fund raising due to market volatility
AI Summary
Global Defence Industries Ltd announced the outcome of its Board Meeting held on August 13, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Additionally, M/s. Kirtane & Pandit LLP was appointed as Internal Auditors and M/s. D. Maurya & Associates as Secretarial Auditor for FY 2026-27. The company decided to defer its proposed fund raising via preferential issuance or other modes due to prevailing market volatility, intending to reconsider it at an appropriate time. The financial results will be available on the company's website.
Key Highlights
- Unaudited financial results for Q1 FY27 declared.
- Internal and Secretarial Auditors appointed for FY27.
- Proposed fund raising deferred due to market volatility.
- Decision to defer fund raising to be reconsidered later.
- Results to be published on the company website.
Price Impact
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