GB Global Limited disclosed the outcome of its Board meeting held on Friday, 17th July, 2026, from 4:30 p.m. to 5:45 p.m. at the company's registered office at 10th Floor, Dev Plaza, Opp. Andheri Fire Station S. V. Road, Andheri (West), Mumbai - 400 058.
The Board unanimously approved three key items:
1. Appointment of New Director: Mr. Tushar Momaiyah (DIN: 08742170) was appointed as Non-Executive Independent Director of the Company with effect from the closing hours of 17th July, 2026. His appointment terms were approved by the Board. Mr. Momaiyah holds a Bachelor of Commerce (B.Com.) degree with specialization in financial parameters and also holds a Bachelor of Legislative Laws (LL.B.) degree. He possesses experience in corporate laws, legal and regulatory compliance, and corporate governance. No relationships between directors were disclosed for this appointment.
2. Resignation of Director: Mr. Paresh Jain (DIN: 05159799) resigned from his position as Non-Executive Independent Director effective from the closing hours of 17th July, 2026. His resignation was submitted via letter dated 6th July, 2026, citing personal and unavoidable reasons as the sole material reason for resignation. Mr. Jain did not hold any directorships in other listed entities at the time of resignation.
3. Operational Matters: The Board took on record other agenda items related to the operations of the business of the Company, though specific details were not disclosed in the filing.
The disclosure was made in accordance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (as amended).
Financial Impact
No financial impact quantified in the disclosure.