Globe International Carriers Limited — QIP/Rights/Pref., 19-06-2025: Allotment of Securities

Globe International Carriers Ltd. has announced a board meeting that approved the allotment of 30.69 lakh equity shares at Rs. 95.90 each to promoters via a share swap for acquiring 51% stake in Govind Kripa Infratech Pvt. Ltd. This preferential allotment increased the paid-up equity capital to Rs. 27.99 Cr from Rs. 24.92 Cr. The infusion indicates promoter consolidation through acquisition without fresh cash inflow, potentially strengthening the group’s business presence.