GB Global Limited (formerly known as Mandhana Industries Limited) has submitted a regulatory notice regarding the outcome of its Board Meeting held on April 30, 2026. The meeting, which took place at the company’s registered office in Mumbai, addressed several key regulatory and operational matters.

The Board of Directors approved the Cost Audit Reports for the financial years 2021-2022 and 2022-2023, following an order from the National Company Law Tribunal (NCLT) dated March 4, 2025. Additionally, the board sanctioned related party transactions for the upcoming 2026-2027 financial year and reviewed various agenda items concerning the company’s ongoing business operations.

GB Global Limited operates as a vertically integrated textile and garment manufacturing company with a presence across the value chain, from spinning and weaving to processing and garmenting. Historically known for its association with major lifestyle brands, the company has undergone significant restructuring under the NCLT framework to stabilize its business model. Throughout 2025, the company has focused on regulatory compliance and streamlining its operational framework to enhance stakeholder value in a competitive textile market.

In the financial results announced during 2025, the company focused on debt resolution and cost optimization strategies. While specific 2025 quarterly revenue and profit figures remain subject to finalized audit cycles following the NCLT-mandated reports, the management has indicated a focus on resuming sustainable production levels. Prominent institutional interest in the company has historically been linked to its large-scale manufacturing infrastructure and its potential for a turnaround within the Indian textile sector.