Globtier Infotech Limited has informed BSE Limited of the resignation of Mr. Sandeep Gupta from the position of Chief Financial Officer (CFO), a Key Managerial Personnel of the company. The disclosure was made pursuant to Regulation 30 read with Para A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Details of the Resignation

Mr. Gupta formally tendered his resignation via email on April 16, 2026, expressing his intent to pursue opportunities outside Globtier Infotech Limited. The company had initially intimated the stock exchange of his resignation on April 16, 2026, and he continued to discharge his responsibilities through the transition period. He was officially relieved from his position at the close of business hours on May 13, 2026.

The following table summarises the key disclosures made under Regulation 30 of SEBI (LODR) Regulations, 2015:

Communication from the CFO

In his resignation letter addressed to Chairman & Managing Director Rajiv Shukla, Mr. Gupta noted that his tenure at Globtier Infotech had been enriching and rewarding. He expressed gratitude for the guidance, support, and opportunities extended to him during his association with the organisation, and confirmed his commitment to ensuring a smooth transition of duties until his last working day.

Mr. Shukla acknowledged and accepted the resignation on April 16, 2026. The disclosure to BSE Limited was filed from Noida and signed by Rajiv Shukla in his capacity as Chairman & Managing Director (DIN: 02653008) of Globtier Infotech Limited, formerly known as Globtier Infotech Private Limited.

Globtier Infotech Limited has filed a statement of deviation or variation in the utilization of funds raised through its Initial Public Offering (IPO) for the financial year ended March 31, 2026. The company submitted the document to BSE Limited on May 12, 2026, confirming compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The disclosure confirms that there was no deviation or variation in the use of the funds raised. The Audit Committee reviewed the utilization and noted that the IPO proceeds had been fully utilized according to the original objects outlined in the prospectus.

IPO Fund Utilization

The company raised a total of ₹27.44 crores (net of Offer for Sale shares) on September 02, 2025. The funds have been allocated towards specific corporate objectives without any deviation from the initial plan.

Financial Context

This filing follows the company's resubmission of its audited standalone and consolidated financial statements for FY26. The auditors, M/s Sri Prakash & Co., issued an unmodified opinion on the results. The standalone balance sheet reflects a strengthened equity base, which increased to ₹4,613.16 lakhs as of March 31, 2026, supported by the net IPO proceeds.