Vatsankit Shah has completed the acquisition of 8,45,906 equity shares of Global Surfaces Limited, representing 2.00% of the company's paid-up equity share capital, through an inter-se transfer from M/s. Vatsankit Shah Trust on March 20, 2026.

Transaction Details

The acquisition was structured as an off-market inter-se transfer among promoter group members, qualifying for exemption under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved no monetary consideration, as it constituted a transfer of trust assets to the sole beneficiary following trust dissolution.

Trust Dissolution Background

M/s. Vatsankit Shah Trust was originally created for the benefit of Vatsankit Shah during his minority, with Mr. Mayank Shah and Mrs. Sweta Shah serving as trustees. Upon Vatsankit Shah attaining majority, the trust was dissolved in accordance with the trust deed arrangements, resulting in the transfer of all trust assets, including the equity shares, to Vatsankit Shah as the sole beneficiary.

Shareholding Impact

The transaction represents an internal restructuring within the promoter group, with no change to the overall promoter and promoter group shareholding percentage.

Regulatory Compliance

Vatsankit Shah fulfilled all regulatory requirements associated with the transaction. Prior intimation under Regulation 10(5) was submitted to stock exchanges on March 12, 2026, followed by post-acquisition reports under Regulation 10(6) and disclosure under Regulation 29(2) on March 23, 2026. The prescribed report under Regulation 10(7) was filed with SEBI on April 8, 2026, accompanied by the required fees of ₹1,77,000 (including GST) paid through UTR reference HDFCH00914747209 on April 6, 2026.

Company Information

Global Surfaces Limited is listed on both BSE Limited (Scrip Code: 543829) and National Stock Exchange of India Limited (Symbol: GSLSU). The company's registered office is located at PA-10-006 Engineering and Related Indus SEZ, Mahindra World City, Tehsil Sanganer, Jaipur, Rajasthan.

Global surfaces Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, as required under SEBI regulations. The company submitted the mandatory documentation to both BSE Limited and National Stock Exchange of India Limited on April 08, 2026.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, which replaced the erstwhile Regulation 54 of SEBI (Depository and Participant) Regulations, 1996. Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the certificate dated April 07, 2026.

Non-Applicability Status

The certificate confirms that Regulation 74(5) is not applicable to Global Surfaces Limited for the quarter ended March 31, 2026. This non-applicability stems from two key factors: the entire shareholding of the company remains in dematerialised form, and no requests were received from shareholders for either rematerialisation or dematerialisation during the quarter period.

Company Leadership and Documentation

Dharam Singh Rathore, Company Secretary and Compliance Officer, digitally signed the submission on April 08, 2026. As an ICSI member with membership number A57411, Rathore ensured timely compliance with regulatory requirements. The company operates under CIN L14100RJ1991PLC073860 and was formerly known as Global Stones Private Limited.

Stock Exchange Details

Global Surfaces Limited trades on major Indian stock exchanges with specific identifiers for investor reference:

The company maintains its registered office and Quartz Division at Plot No. PA-010-006, SEZ Engineering & Related Industries, Mahindra World City, Jaipur, Rajasthan. This quarterly filing demonstrates the company's commitment to maintaining transparent regulatory compliance and proper corporate governance standards.