Announced Fri, 29 Aug · 12:50 IST

Globe Textiles (India) Limited has informed the Exchange about General Updates

Business Updates View source PDF

GLOBE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Globe Textiles (India) Limited has announced that its Board of Directors approved changing the company's name to 'Globe Enterprises (India) Limited' on August 29, 2025. The company has already received approval for the new name from the Central Registration Centre (CRC) under the Ministry of Corporate Affairs, dated August 27, 2025. The Board also approved amending the Memorandum and Articles of Association to reflect the new name. The change still requires approval from shareholders at the upcoming 30th Annual General Meeting and other statutory authorities. The NSE symbol remains 'GLOBE' and the ISIN remains unchanged.

Likely market impact

This is a cosmetic corporate action — a name change only. It does not affect the company's financials, business operations, or shareholder value. Existing shareholders automatically become shareholders of the renamed entity with no action required from them.