Board Meeting18 Jun 2026, 10:40 pm
GB Logistics Board approves FY26 results, capital hike, SPA
AI Summary
The Board of Directors of GB Logistics Commerce Ltd met on June 18, 2026, and approved several key matters. These include the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The Board also approved an increase in the company's Authorised Share Capital from ₹10 crore to ₹25 crore, subject to shareholder approval. Additionally, the Board gave its consent to enter into and execute a Share Purchase Agreement. Discussions regarding swapping of shares or fund raising will be held in a subsequent board meeting.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY26.
- Authorised Share Capital increased from ₹10 Cr to ₹25 Cr.
- Approval granted to execute a Share Purchase Agreement.
- Fund raising discussions deferred to a future board meeting.
Price Impact
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