GLOBE ENTERPRISES (INDIA) LIMITED has informed the Exchange regarding 'Disclosure under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015'.
GLOBE · price
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Bhavin Suryakant Parikh, a promoter of Globe Enterprises (India) Limited, bought 22,60,000 equity shares through a market purchase on NSE on December 29, 2025, for a total consideration of about Rs. 61.87 lakh (roughly Rs. 2.74 per share). His stake in the company rose from 5,89,32,265 shares (13.08%) to 6,11,92,265 shares (13.59%), an increase of about 0.51 percentage points. The disclosure was filed under SEBI's insider trading regulations (Regulation 7(2) read with 6(2)) as a continual disclosure. No derivatives trading was involved in the transaction.
This is a promoter showing confidence by increasing his personal stake in the company using his own funds in the open market. Such insider buying is generally viewed positively by retail investors as it signals promoter conviction, though the purchase value is relatively modest.