Global Surfaces Stock Hits 5% UC After Promoter Transfers 2% Stake to Son Vatsankit Shah 

Synopsis:Vatsankit Shah, son of Global Surfaces Limited promoter Mayank Shah, has acquired 8,45,906 equity shares representing a 2% stake from the Vatsankit Shah Trust following its dissolution upon him attaining majority. The off-market inter-se transfer carries nil consideration and leaves total promoter holding unchanged at 73.25%.

Global Surfaces Limited, disclosed that Vatsankit Shah acquired 8,45,906 equity shares on March 20, 2026, via an off-market transfer from the Vatsankit Shah Trust, a family trust created during his minority with parents Mayank Shah and Sweta Shah as trustees. 

Upon Vatsankit attaining majority, the trust dissolved and transferred its assets to him as sole beneficiary. The transfer was executed at nil consideration on March 20, 2026. Total promoter holding remains unchanged at 73.25%. Vatsankit Shah’s direct stake moves from 0% to 2.00% post-transfer. 

On April 13, 2026, Global Surfaces shares closed at Rs 60.63 on NSE, up 4.99% from the previous close of Rs 57.75, touching an intraday high of Rs 60.63 and low of Rs 56.45. The stock’s 52-week high stands at Rs 144.40 and 52-week low at Rs 43.72, with total market capitalisation of Rs 256.96 crore.

Global Surfaces Limited is a Jaipur-based granite and marble products manufacturer listed on NSE and BSE since March 2023. Operating out of Mahindra World City SEZ in Rajasthan, the company is engaged in the processing and supply of natural stone products serving domestic and international markets. With a promoter holding of 73.25% and FPI interest of 1.60%, the company remains tightly held with a total market capitalisation of Rs 256.96 crore as of April 13, 2026.

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