Glottis Submits Revised Intimation with Board Meeting Details for Malaysia Subsidiary

1 min read     Updated on 20 Mar 2026, 03:37 PM
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Glottis Limited provided revised regulatory disclosure to stock exchanges with additional board meeting timing details for its Malaysia subsidiary approval. The company clarified that the March 19, 2026 board meeting ran from 04:25 P.M. to 05:10 P.M., approving investment of up to USD 5,000 for wholly owned subsidiary in freight forwarding business.

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Glottis Limited has submitted a revised intimation to stock exchanges providing additional details about its board meeting held on March 19, 2026, which approved the establishment of a wholly owned subsidiary in Malaysia with an investment of up to USD 5,000.

Revised Regulatory Disclosure

Following a request from BSE Limited for additional information, the company clarified that the board meeting commenced at 04:25 P.M. and concluded at 05:10 P.M. on March 19, 2026. The revised intimation was submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details: Information
Meeting Date: March 19, 2026
Start Time: 04:25 P.M.
End Time: 05:10 P.M.
Revised Intimation Date: March 20, 2026

Investment and Subsidiary Details

The board approved the incorporation and investment in the wholly owned subsidiary with an investment of up to USD 5,000. The investment will be made through 100% subscription to the initial paid-up capital in cash, with further investments planned in one or more tranches as per business requirements.

Investment Parameters: Details
Investment Amount: Up to USD 5,000
Shareholding: 100% Subscription
Industry Focus: Freight Forwarding
Payment Method: Cash Consideration
Country: Malaysia

Strategic Business Expansion

The proposed wholly owned subsidiary is being incorporated with the primary objective to expand the company's business operations in the freight forwarding industry. The subsidiary will align with Glottis's core business activities and enhance its operational reach in the Southeast Asian region.

Regulatory Compliance

The incorporation will be completed according to applicable Malaysian laws. The proposed entity will become a related party of the company and other subsidiaries once incorporated, with promoters and promoter group companies having no additional interest in the transaction beyond the subsidiary relationship. The disclosure has been made available on the company's website at www.glottislogistics.in .

Historical Stock Returns for Glottis

1 Day5 Days1 Month6 Months1 Year5 Years
-0.12%+17.45%+6.75%-42.59%-42.58%-42.58%

How will this Malaysian subsidiary impact Glottis's competitive position against established freight forwarding players in Southeast Asia?

What specific market opportunities in Malaysia's freight forwarding sector justify this expansion investment?

Could this Malaysian subsidiary serve as a gateway for further expansion into other ASEAN countries?

Glottis Limited Updates Corporate Identification Number Following Stock Exchange Listing

1 min read     Updated on 27 Feb 2026, 05:16 PM
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Glottis Limited has updated its Corporate Identification Number from U63090TN2022PLC151443 to L63090TN2022PLC151443 following its listing on BSE and NSE on October 07, 2025. The Ministry of Corporate Affairs has processed the change and updated the company's listing status from "No" to "Yes" in its master data. The company maintains an authorised capital of ₹25,00,00,000 and paid-up capital of ₹18,48,06,000, trading under symbol GLOTTIS on NSE and scrip code 544557 on BSE.

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Glottis Limited has officially updated its Corporate Identification Number following its successful listing on major Indian stock exchanges. The Chennai-based company announced the regulatory change in a formal communication to both BSE Limited and National Stock Exchange of India Limited on February 27, 2026.

CIN Update Details

The Ministry of Corporate Affairs has processed the company's application and updated its master data to reflect the new listed status. The changes include both the CIN modification and listing status update.

Parameter: Previous Status Updated Status
Corporate Identification Number: U63090TN2022PLC151443 L63090TN2022PLC151443
Listing Status: No Yes
Stock Exchange Listing Date: - October 07, 2025

Company Financial Structure

According to the Ministry of Corporate Affairs records, Glottis Limited maintains a substantial capital structure as a public limited company. The company's financial framework demonstrates its growth trajectory since incorporation.

Financial Parameter: Amount (₹)
Authorised Capital: 25,00,00,000
Paid-up Capital: 18,48,06,000
Date of Last AGM: 13/09/2025
Balance Sheet Date: 31/03/2025

Corporate Information

Glottis Limited, formerly known as Glottis Private Limited, was incorporated on 18/04/2022 under the Registrar of Companies, Chennai. The company operates as a non-government public limited company and maintains its registered office in Chennai's Thambu Chetty Street.

Stock Exchange Trading Details

The company's equity shares are now actively traded on both major Indian stock exchanges with designated trading symbols.

Exchange: Trading Symbol/Code
National Stock Exchange (NSE): GLOTTIS
BSE Limited: 544557

Regulatory Compliance

The CIN change represents a standard regulatory procedure for companies transitioning from unlisted to listed status. The updated identification number reflects the company's current classification as a listed entity under the Ministry of Corporate Affairs framework. Company Secretary and Compliance Officer Nibedita Panda has formally communicated these changes to both stock exchanges, requesting updates to their corporate information sections and records.

Historical Stock Returns for Glottis

1 Day5 Days1 Month6 Months1 Year5 Years
-0.12%+17.45%+6.75%-42.59%-42.58%-42.58%

More News on Glottis

1 Year Returns:-42.58%