Globe Multi Ventures Ltd has postponed its scheduled Board Meeting following the sudden demise of Whole Time Director Kameswari Sivalenka. The meeting, originally set for September 30, 2026, will now take place on October 5, 2026.

Sivalenka passed away on the night of September 22, 2026, at 8:55 pm. The company informed the BSE and Metropolitan Stock Exchange of India that the postponement was necessitated by this event. The agenda for the rescheduled meeting remains unchanged from the earlier communication.

Rescheduled meeting details

The Board of Directors will convene to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026, as well as the quarter ended June 30, 2026. Additionally, the board will finalize the agenda for the Annual General Meeting.

Trading window status

In accordance with the Company's Code of Conduct for Prevention of Insider Trading, the trading window for dealing in securities remains closed for all Designated Persons and their immediate relatives. The window will stay closed until 48 hours after the declaration of the financial results.

Globe Commercials has obtained a one-month extension from the Registrar of Companies (ROC) to conduct its Annual General Meeting. The ROC Mumbai approved the request on September 7, 2026, allowing the company additional time beyond the statutory deadline.

The company, formerly known as Globe Multi Ventures Limited, had applied for the extension on August 20, 2026. The original deadline for holding the AGM was September 30, 2026, as per Section 96 of the Companies Act, 2013. The accounting year for the company closed on March 31, 2026.

Regulatory Approval Details

The ROC granted the extension under Section 96(1) of the Companies Act, 2013. The approval was issued vide letter dated September 7, 2026. The regulator advised the company to ensure careful compliance with the provisions of the Companies Act in the future.

The company intimated the BSE and MSEI regarding the extension on September 18, 2026. It stated that the date of the AGM and the Notice of AGM will be communicated in due course. The Annual Reports under Regulation 34(1) will also be submitted subsequently.