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Incorporated in 1995, Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products
Globe Textiles promoter Bhavik Suryakant Parikh purchased 0.24 Cr equity shares worth Rs. 0.54 Cr through a market transaction. This strategic acquisition boosts his stake to 6.89%, reflecting strong promoter confidence in the company's outlook.
Globe Textiles promoter Bhavik Suryakant Parikh bought 24 lakh equity shares via market purchase on NSE for ~Rs. 5.80 Cr. This increases his holding from 5.83% to 6.36%, signaling increased confidence.
GLOBE's Board has approved a significant name change from "Globe Textile (India) Limited" to "Globe Enterprises (India) Limited" or "Globe Industries (India) Limited," pending necessary approvals. This suggests a strategic shift. The company also welcomed Mr. Bharat Mulchandbhai Bhavsar as a new Additional Independent Director, adding 49 years of textile...
Globe Textiles has announced a board meeting and approved the financial results for the quarter and half-year. The company raised Rs. 45 Cr through a rights issue, increasing equity capital by Rs. 30 Cr. It acquired the remaining 30% stake in Globe Denwash Pvt Ltd, making it a wholly-owned subsidiary....
Globe Textiles (India) Limited continues strong corporate governance with timely policy updates, thorough disclosures, and regular board evaluations. No operational issues, regulatory actions, or penalties occurred, reflecting stable management and compliance standards. This supports steady operational continuity without financial disruptions.