Globe civil projects Limited has scheduled a board meeting for February 14, 2026, to review and approve its quarterly financial performance. The company formally notified both the National Stock Exchange of India and BSE Limited about this important corporate development on February 09, 2026.

Board Meeting Details

The meeting agenda focuses on the consideration and approval of crucial financial documents for the company's third quarter performance. The board will examine comprehensive financial data covering both quarterly and nine-month periods.

Trading Window Restrictions

In accordance with regulatory requirements, Globe Civil Projects Limited has implemented trading restrictions for designated individuals. The company has reiterated that the trading window will remain closed for specific categories of stakeholders until the completion of the results announcement process.

The trading restrictions apply to several key categories of individuals associated with the company:

• Promoters and their associates
• Directors and board members
• Key Managerial Personnel
• Designated Employees
• Other connected persons

Regulatory Compliance

The announcement demonstrates the company's adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 29. This regulation mandates timely disclosure of board meetings scheduled to consider financial results, ensuring transparency for investors and market participants.

The trading window closure will extend until 48 hours after the official announcement of the unaudited financial results to the stock exchanges. This measure ensures fair disclosure and prevents insider trading during the sensitive period surrounding financial results publication.

Globe Civil Projects Limited (GCPL) has secured a significant legal victory as the District Court dismissed a ₹23.81 lakh recovery suit filed against the company. The case, which involved legal heirs of P.D. Verma, was concluded in favor of GCPL, affirming that the company had fulfilled its payment obligations for completed work.

Key Points of the Judgment

• The Hon'ble Court of Sh. Munish Bansal, District Judge-03, South District, Saket Courts Complex, New Delhi, pronounced the judgment on November 15, 2025.
• The suit (CS DJ No. 8701/2016) filed by P.D. Verma's legal heirs was dismissed, with the court finding it to be without cause of action.
• The judgment confirms that Globe Civil Projects had made full and final payment for the work executed and is not liable for any further dues.

Background of the Case

The legal dispute stemmed from a contract for plumbing works at the Indian Institute of Management, Lucknow (Noida Campus). The plaintiffs, representing P.D. Verma, had claimed outstanding dues of ₹20.61 lakh plus interest, totaling ₹23.81 lakh.

Court's Observations

The court made several key observations that led to the dismissal of the suit:

1. Lack of evidence: The plaintiffs failed to provide substantial evidence to prove the completion of work worth ₹20.61 lakh.
2. Delayed billing: The final bill was raised almost two years after the alleged completion of work, raising suspicions about the claim's validity.
3. Absence of completion certificate: No completion certificate or acknowledgment was issued by GCPL, which would have been crucial in supporting the plaintiff's claim.
4. Questionable third-party certificate: A certificate from IIM Lucknow/Noida was found to have limited credibility in establishing GCPL's liability.

Implications for Globe Civil Projects

This favorable judgment conclusively resolves the litigation in Globe Civil Projects' favor, removing a potential financial liability of ₹23.81 lakh. The outcome reinforces the company's position regarding its payment practices and contract management.

Company's Statement

In a regulatory filing, Vineet Rattan, Company Secretary and Compliance Officer of Globe Civil Projects Limited, stated, "This favorable judgment conclusively resolves the litigation and affirms the Company's position."

The resolution of this legal matter may positively impact investor confidence in Globe Civil Projects' operational and financial management practices.