Globale Tessile Limited Appoints Jitendra Kumar Bhati as Chief Financial Officer

2 min read     Updated on 09 Apr 2026, 02:52 AM
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Globale Tessile Limited has appointed Mr. Jitendra Kumar Bhati as Chief Financial Officer and Key Managerial Personnel with immediate effect from April 8, 2026. The Board of Directors approved the appointment based on the Nomination and Remuneration Committee's recommendation. Mr. Bhati is an Associate Member of ICAI with a Bachelor of Commerce degree and brings over 2.5 years of experience in finance, accounts, auditing, taxation, and consultancy services.

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Globale tessile Limited has announced the appointment of Mr. Jitendra Kumar Bhati as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with immediate effect from April 8, 2026. The appointment was approved by the Board of Directors at their meeting held on April 8, 2026, following the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details

The Board meeting that approved the appointment commenced at 04:00 P.M. and concluded at 06:10 P.M. on April 8, 2026, at the company's registered office. The appointment was made in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 203(1) of the Companies Act, 2013.

Appointee Profile and Qualifications

Mr. Jitendra Kumar Bhati brings significant professional credentials to his new role. He is an Associate Member of the Institute of Chartered Accountants of India (ICAI) and holds a Bachelor of Commerce degree from Mohanlal Sukhadia University, Udaipur, Rajasthan.

Parameter: Details
Professional Qualification: Associate Member of ICAI
Educational Background: Bachelor of Commerce, Mohanlal Sukhadia University
Experience: Over 2.5 years
Areas of Expertise: Finance, accounts, auditing, taxation, consultancy
Audit Experience: Statutory, internal, stock and tax audits

Appointment Details

The formal appointment details demonstrate the company's adherence to regulatory requirements and governance standards. Mr. Bhati's appointment as both CFO and Key Managerial Personnel reflects the strategic importance of the role within the organization.

Requirement: Details
Appointment Type: Chief Financial Officer and Key Managerial Personnel
Effective Date: April 8, 2026
Approval Authority: Board of Directors
Recommendation Source: Nomination and Remuneration Committee
Regulatory Compliance: SEBI LODR Regulations and Companies Act, 2013

Professional Experience

Mr. Bhati's professional background encompasses over 2.5 years of comprehensive experience in finance and accounting functions. His expertise spans multiple areas including finance, accounts, auditing, taxation, and consultancy services. His audit experience covers statutory audits, internal audits, stock audits, and tax audits, providing him with a well-rounded foundation for the CFO role.

The appointment strengthens Globale Tessile Limited's financial leadership team and demonstrates the company's commitment to maintaining strong governance and financial management standards. The immediate effectiveness of the appointment indicates the company's readiness to leverage Mr. Bhati's expertise in driving its financial operations forward.

Historical Stock Returns for Globale Tessile

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+22.52%+20.61%+1.00%-29.78%-82.17%

What strategic financial initiatives might Globale Tessile pursue under new CFO leadership to strengthen its position in the competitive textile market?

How could Mr. Bhati's taxation and audit expertise help the company navigate upcoming regulatory changes in India's textile industry?

Will this CFO appointment signal potential expansion plans or capital raising activities for Globale Tessile in the near term?

Globale Tessile Limited Files Q4 FY26 Compliance Certificate Under SEBI Depositories Regulations

1 min read     Updated on 08 Apr 2026, 02:34 PM
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Globale Tessile Limited submitted its Q4 FY26 compliance certificate under SEBI Depositories Regulations to BSE and NSE on April 8, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper processing of securities dematerialisation for the quarter ended March 31, 2026, with all regulatory timelines and verification procedures followed as required.

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Globale tessile Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depositories framework. The textile company submitted the mandatory documentation for the fourth quarter of financial year 2025-26, demonstrating adherence to securities dematerialisation protocols.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. Company Secretary Palak Bhavsar submitted the documentation to both BSE Limited and National Stock Exchange of India Limited on April 8, 2026.

Filing Details: Information
Quarter Period: Q4 FY26 (ended March 31, 2026)
Certificate Date: April 1, 2026
Filing Date: April 8, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, issued the compliance certificate as the company's registered share transfer agent. The registrar holds SEBI registration number INR000004058 and operates from its Mumbai branch.

Ashok Shetty, Senior Vice President-Corporate Registry at MUFG Intime India, confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed. The certificate validates that securities were confirmed or rejected to depositories within prescribed timelines.

Dematerialisation Process Verification

The registrar's confirmation covers several critical aspects of the dematerialisation process:

  • Securities received for dematerialisation were confirmed or rejected appropriately
  • Physical security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All processes were completed within prescribed regulatory timelines
  • Securities comprised in certificates have been listed on relevant stock exchanges

Stock Exchange Communication

Globale Tessile communicated with both major Indian stock exchanges as part of the filing process. The company trades on BSE Limited under script code 544234 and on National Stock Exchange under the symbol GLOBALE. The compliance certificate ensures transparency in the company's share transfer and dematerialisation activities for the reporting quarter.

Historical Stock Returns for Globale Tessile

1 Day5 Days1 Month6 Months1 Year5 Years
+0.85%+22.52%+20.61%+1.00%-29.78%-82.17%

How might the upcoming SEBI regulatory changes in 2026-27 impact Globale Tessile's compliance costs and operational procedures?

What are the expected growth prospects for Globale Tessile's textile business following this clean regulatory compliance record?

Will MUFG Intime India's expanded role as registrar influence other textile companies to switch their share transfer agents?

More News on Globale Tessile

1 Year Returns:-29.78%