Global Surfaces' board approved a significant capital restructuring for its wholly-owned subsidiary, Global Surfaces FZE.

A ₹50 Crore unsecured loan will convert into FZE equity shares, aiming to strengthen its balance sheet, cut finance costs, and boost long-term growth without new cash outflow.

Additionally, the company is discontinuing operations at its Bagru Natural Stone unit by March 31, 2026, citing sustained losses and under-utilization.

This unit contributed 8.94% of last year's revenue, and its closure seeks to enhance overall business efficiency.