Globe International Carriers Limited — Others, 15-03-2025: Corrigendum

Globe International Carriers Limited has announced a board meeting for an Extraordinary General Meeting on March 19, 2025. A corrigendum has been issued to amend the Notice of EGM initially sent to shareholders on February 25, 2025, detailing changes in the acquisition of 40,00,000 equity shares of Govind Kripa Infratech Private Limited for ₹27.22 crore. The revised issue price for the share swap in exchange for these shares is now ₹110.33, leading to a slight reduction in the number of shares to be issued from 24,78,740 to 24,67,507. This strategic move positions the company to diversify into the real estate sector, potentially enhancing long-term growth and stability, which may lead to a positive outlook for investors.