Globe International Carriers Limited — Others, 29-04-2025: Shareholders meeting

Globe International Carriers Limited has announced a board meeting to discuss significant corporate actions, including rescinding prior resolutions for the acquisition of 40,00,000 equity shares of Govind Kripa Infratech Private Limited (GKIT) and the associated preferential issue of shares via share swap, following renegotiation of terms. The company plans to acquire 40,80,000 equity shares of GKIT, representing a 51% stake, for a consideration of ₹29.43 crore, issuing 30,69,148 shares at ₹95.90 each in exchange. Additionally, the company seeks approval to migrate from the NSE Emerge SME platform to the main board, aimed at enhancing visibility, liquidity, and investor participation.