Global Surfaces Limited re-submitted its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, in machine readable format on February 06, 2026. This submission follows the company's earlier intimation dated February 03, 2026, and complies with NSE Circular No. NSE/CML/2018/02 dated January 16, 2018, requiring financial results in machine readable/legible format.

Compliance and Regulatory Requirements

The company submitted the financial results through Company Secretary and Compliance Officer Dharam Singh Rathore to both BSE Limited and National Stock Exchange of India Limited. The results were simultaneously hosted on the company's website at www.globalsurfaces.in for public access.

Financial Performance Overview

The company's Q3FY26 performance demonstrated contrasting results between standalone and consolidated operations. Standalone operations recorded revenue from operations of ₹102.17 crore with net profit of ₹4.90 crore, while consolidated operations showed revenue of ₹592.66 crore but reported net loss of ₹33.35 crore.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, consolidated operations showed revenue of ₹1,876.46 crore with net loss of ₹84.58 crore compared to ₹178.86 crore loss in the previous year, representing significant improvement. Standalone operations recorded revenue of ₹548.79 crore with net profit of ₹68.84 crore.

Segment-wise Revenue Distribution

The company operates across three major geographies with United Arab Emirates contributing the highest revenue of ₹458.70 crore in Q3FY26, followed by India at ₹102.16 crore and United States at ₹93.01 crore.

Strategic Corporate Actions

The Board approved conversion of ₹50 crore unsecured loan extended to wholly owned subsidiary Global Surfaces FZE into equity shares. This strategic move aims to strengthen the subsidiary's balance sheet and reduce finance cost burden. The subsidiary operates a manufacturing facility in Jebel Ali Free Zone, Dubai, with annual capacity of 6,22,895 square meters.

Bagru Unit Discontinuation

The Board approved discontinuation of operations at the Bagru Natural Stone unit effective March 31, 2026, following sustained financial losses and capacity under-utilization. The Audit Committee recommended this decision after reviewing the unit's financial position and operating performance.

Auditor Review and Compliance

The financial results were reviewed by statutory auditors Ummed Jain & Co., Chartered Accountants (FRN: 119250W), who expressed unmodified review conclusions. The auditors noted this was their first review of the company's financials, with corresponding figures previously audited by predecessor auditors.

The company continues to maintain positive net worth and stable financial position while pursuing diversification into new international and domestic markets. Management is monitoring developments on SEZ approvals for Domestic Tariff Area sales to venture into new markets.

Global Surfaces Limited has successfully concluded its postal ballot process, with shareholders approving the appointment of new statutory auditors to fill a casual vacancy. The company announced the results on January 8, 2026, following the completion of the remote e-voting process that concluded at 5:00 PM IST on the same day.

Auditor Appointment Details

The postal ballot addressed a single ordinary resolution regarding the appointment of M/s Ummed Jain & Co, Chartered Accountants (FRN:119250W), as statutory auditors of the company. This appointment fills the casual vacancy caused by the resignation of M/s B. Khosla & Co., Chartered Accountants (FRN: 000205C).

Voting Results and Participation

The postal ballot demonstrated strong shareholder support for the proposed auditor appointment. The voting process was conducted entirely through remote e-voting, with the cut-off date set as December 5, 2025.

Process and Compliance

The postal ballot process was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, and relevant SEBI regulations. Key aspects of the process included:

• Cut-off Date: December 5, 2025
• Notice Dispatch: December 9, 2025 (electronic format only)
• Voting Period: December 10, 2025 (9:00 AM IST) to January 8, 2026 (5:00 PM IST)
• Total Eligible Shareholders: 15,308 as on cut-off date
• E-voting Service Provider: National Securities Depository Limited (NSDL)

The scrutinizer for the postal ballot process was Akshit Kumar Jangid, Partner of M/s. Pinchaa & Co., Company Secretaries. The scrutinizer's report confirmed that the resolution was passed with the requisite majority, with no invalid votes recorded across any category.

Corporate Governance Impact

The overwhelming approval of the auditor appointment, with 99.9995% of votes cast in favour, reflects strong shareholder confidence in the company's governance decisions. The promoter and promoter group demonstrated full support with 100% participation and approval, while public non-institutional shareholders also showed strong support with 95.78% of participating votes in favour.

The company has confirmed that the postal ballot results and scrutinizer's report will be made available on its website at www.globalsurfaces.in , ensuring transparency and accessibility for all stakeholders.