Global Surfaces Ltd to host Q1-FY27 earnings call on Aug 11

1 min read     Updated on 06 Aug 2026, 01:45 PM
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AI Summary

Global Surfaces Limited announced its Q1-FY27 earnings call scheduled for August 11, 2026, at 02:00 PM IST. The event, facilitated by Valorem Advisors, will feature insights from Chairman Mayank Shah and Head of Finance Ashish Agarwal regarding the quarter ended June 30, 2026. No UPSI will be disclosed during the proceedings.

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Global Surfaces Limited has scheduled an earnings conference call for Tuesday, August 11, 2026, at 02:00 PM IST to discuss its financial results for the quarter ended June 30, 2026 (Q1-FY27). The announcement, filed with the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE) on August 6, 2026, outlines the schedule for investors and analysts to engage with management regarding the company's performance. The proceedings will be conducted in compliance with Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call will be managed by Valorem Advisors, which has issued the official invitation. Management representatives attending the session include Mayank Shah, Chairman & Managing Director; Ashish Agarwal, Head of Finance; and Dharam Singh Rathore, Company Secretary & Compliance Officer. Participants are advised that no Unpublished Price Sensitive Information (UPSI) will be shared during the call. The schedule is subject to change due to exigencies, and updates will be hosted on the company’s website.

Conference Call Details

The following table outlines the key logistical details for the earnings call:

Detail Information
Date August 11, 2026
Time 02:00 PM IST
Quarter Q1-FY27 (Ended June 30, 2026)
Facilitator Valorem Advisors
Management Attendees Mayank Shah, Ashish Agarwal, Dharam Singh Rathore

Dial-In Access

Investors and analysts can access the conference call via the following dial-in numbers provided by Valorem Advisors:

  • India: +91 22 6280 1341 or +91 22 7115 8242
  • USA Toll Free: 1866 746 2133
  • UK Toll Free: 0808 101 1573
  • Singapore Toll Free: 800 101 2045
  • Hong Kong Toll Free: 800 964 448

Participants may also use the Diamond Pass link provided in the invitation to connect without waiting for an operator. The investor kit is available on the company’s website for reference during the discussion.

Historical Stock Returns for Global Surfaces

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+1.66%-27.80%-68.48%-76.94%-83.54%

How might Global Surfaces' Q1-FY27 performance signal shifts in demand within the Indian construction and infrastructure sectors for the remainder of the fiscal year?

What strategic initiatives or capital allocation plans is management likely to highlight to address potential margin pressures in the surfaces manufacturing industry?

Could the upcoming earnings discussion reveal any updates on global supply chain disruptions affecting raw material costs for Global Surfaces?

Global Surfaces Ltd receives Rs 1.74 Cr penalty for AY 2019-20

1 min read     Updated on 01 Jul 2026, 05:33 PM
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AI Summary

Global Surfaces Limited received an order from the Deputy Commissioner of Income Tax, Kolkata, imposing a penalty of ₹1,73,99,169 for Assessment Year 2019-20 under Section 271D of the Income-tax Act, 1961. The penalty relates to the alleged acceptance of loans or deposits aggregating ₹1,73,99,169 through modes not specified under Section 269SS. The company, which received the order on June 30, 2026, stated it will file an appeal and does not expect a material adverse impact on its financials or operations.

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Global Surfaces Limited has been penalised ₹1,73,99,169 by the Income Tax Department for alleged violations related to loan and deposit acceptance during Assessment Year 2019-20. The penalty was imposed by the Deputy Commissioner of Income Tax, Central Circle 2(2), Kolkata, under Section 271D of the Income-tax Act, 1961. The company received the order on June 30, 2026, and stated that it intends to challenge the decision before the appropriate appellate forum.

The regulatory communication alleges that the company accepted loans or deposits aggregating ₹1,73,99,169 through modes not specified under Section 269SS of the Income-tax Act, 1961. This finding was based on a scrutiny of assessment records, including the Tax Audit Report in Form 3CD. The order was passed with the prior approval of the Additional Commissioner of Income Tax, Range - 2(Central), Kolkata.

Financial Implications and Response

Global Surfaces disclosed that the penalty amount stands at ₹1,73,99,169. However, the company maintains that it possesses adequate legal and factual grounds to address the matter. It has explicitly stated that it does not anticipate any material adverse impact on its financials, operations, or other activities as a result of this order.

The company is currently reviewing the order and plans to take appropriate remedial steps. This includes filing an appeal in accordance with the applicable provisions of the Income-tax Act, 1961. The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Order

Particulars Details
Authority Deputy Commissioner of Income Tax, Central Circle 2(2), Kolkata
Section Section 271D of the Income-tax Act, 1961
Assessment Year 2019-20
Penalty Amount ₹1,73,99,169
Date of Order June 29, 2026
Date of Receipt June 30, 2026

Historical Stock Returns for Global Surfaces

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+1.66%-27.80%-68.48%-76.94%-83.54%

How will the legal costs associated with the appeal impact Global Surfaces' operational expenses in the upcoming fiscal year?

Could this scrutiny lead to further investigations into the company's financial practices for subsequent assessment years?

What measures is the company implementing to ensure compliance with Section 269SS to prevent future penalties?

More News on Global Surfaces

1 Year Returns:-76.94%