Global Surfaces Limited
Pine Oak sold 3,40,023 shares of Global Surfaces Limited for ₹1.88 Cr at ₹55.40 apiece in a bulk deal.
A manufacturer and processor of natural stone products, Global Surfaces operates in the granite, marble, and quartz segments. The company extracts raw materials from its own quarrying operations and processes them into finished stone products for builders, developers, architects, and end consumers across both domestic and international markets. Established in 2004, it maintains vertically integrated quarrying and processing facilities to serve the building, construction, and interior design sectors.
Pine Oak Global Fund is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has invested across sectors such as logistics, textiles, infrastructure, pharmaceuticals, and solar.