Globe Enterprises Board Approves Capital Increase, Borrowing Powers

Reporting Period (Quarter/Year): Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations

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Approved increase in authorized share capital from ₹91,00,00,000 (Rupees Ninety-One Crores) divided into 45,50,00,000 Equity Shares of ₹2 each to ₹151,00,00,000 (Rupees One Fifty-One Crores) divided into 75,50,00,000 Equity Shares of ₹2 each
Approved alteration of Clause V (Capital Clause) of Memorandum of Association, subject to shareholder approval
Approved conversion of loans taken from directors and promoter into equity shares under Section 62(3) of Companies Act, 2013, subject to shareholder approval
31st Annual General Meeting scheduled for Friday, September 18, 2026 at 11:30 AM through Video Conferencing/Other Audio-Visual Means
Record date fixed as Friday, September 11, 2026 for determining voting eligibility
Remote E-Voting period: Tuesday, September 15, 2026 (09:00 AM) to Thursday, September 17, 2026 (05:00 PM)

Appointed Mr. Hemant Jayantilal Dave (DIN: 01151753) as Independent Director for five years, subject to shareholder approval
Date of Birth: January 24, 1959
Experience: 39 years in textile industry
Qualifications: Master's Degree in Textile Engineering and P.G. in Marketing Management
Specialization: Textile Manufacturing, Technical Textiles, Nonwovens, Polymer Extrusion
Holds 0 equity shares in company
Not related to any other Director, Manager or Key Managerial Personnel
Reappointed M/s Maulin Shah & Associates, Cost Accountants (Firm Registration No: 101527) as Cost Auditor for Financial Year 2026-27
Remuneration approved for cost audit services
Firm based in Ahmedabad with expertise in Cost Audits, Certifications, Costing Systems, and Turnaround Strategies
Approved adoption of new company logo for use across corporate communications, branding, and official documents