Globale Tessile Limited — Important, 14-11-2024: Updates

The Board of Directors of Globale Tessile Limited held a meeting to authorize key managerial personnel for determining the materiality of events and information, as well as for making disclosures to the stock exchanges. The company has assigned the responsibility to the Managing Director, along with provisions for other directors or the Chief Financial Officer to also make disclosures as necessary. This step aims to enhance transparency and ensure compliance with regulatory requirements regarding material events. The meeting demonstrates the company's commitment to effective governance and communication with stakeholders, which could enhance investor confidence moving forward.