Board Meeting18 Jun 2026, 10:40 pm
GB Logistics Commerce Ltd Approves Audited FY26 Results, Share Capital Hike
AI Summary
GB Logistics Commerce Ltd's Board of Directors has approved the audited financial results for the quarter and year ended March 31, 2026. The company also approved an increase in authorized share capital from ₹10 crore to ₹25 crore, subject to shareholder approval. The Board further approved entering into a Share Purchase Agreement. Discussions on share swapping and fund-raising will continue in the next meeting. The independent auditor's report confirms the financial results present a true and fair view.
Key Highlights
- Audited financial results for FY26 approved.
- Authorized share capital to increase from ₹10cr to ₹25cr.
- Share Purchase Agreement (SPA) approved for execution.
- Fund raising and share swapping to be discussed further.
Price Impact
More from GBLOGISTIC