Latest news about Globale Tessile
Globale Tessile
10.74
-0.06(-0.56%)
Company Performance:
View Company Insights1D-0.56%
1M-2.54%
6M-6.85%
1Y-19.67%
5Y-85.40%
More news about Globale Tessile
28May 26
Globale Tessile FY26 loss widens as revenue falls
Globale Tessile reported a widened net loss of ₹139.93 lakh for FY26, compared to ₹76.92 lakh in FY25, as revenue from operations fell to ₹1444.24 lakh. For Q4FY26, the company recorded a net loss of ₹40.74 lakh on revenue of ₹805.76 lakh. The board approved the audited results on May 26, 2026, and the statutory auditors issued an unmodified opinion.
27May 26
Globale Tessile re-appoints internal and tax auditors for FY27
Globale Tessile Limited has re-appointed M/s. D. Trivedi & Associates as Internal Auditor and M/s. Bhanwar Jain & Co. as Tax Auditor for the financial year 2026-27. The Board of Directors approved these appointments on May 26, 2026, ensuring compliance with the Companies Act, 2013, and the Income Tax Act, 1961.
11May 26
Globale Tessile Limited Receives Clean Secretarial Compliance Report for FY26 Under SEBI LODR Regulations
Globale Tessile Limited has received a clean secretarial compliance report for the year ended 31st March, 2026, with no deviations, violations, or regulatory actions recorded under any applicable SEBI regulation. The report, issued by Practicing Company Secretary Malay Truptesh Desai of Malay Desai & Associates on 30th April, 2026, confirms compliance across all key areas including Secretarial Standards, insider trading norms, related party transactions, website disclosures, and document preservation. Several regulations, including those related to capital issuance, buyback, employee benefits, and non-convertible securities, were noted as not applicable during the review period. The company does not have any material subsidiary, and no actions were taken against it by SEBI or any stock exchange during the period under review.
09Apr 26
Globale Tessile Limited Appoints Jitendra Kumar Bhati as Chief Financial Officer
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.
08Apr 26
Globale Tessile Limited Files Q4 FY26 Compliance Certificate Under SEBI Depositories Regulations
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.
01Apr 26
Globale Tessile Limited Announces CFO Sumit Agarwal's Resignation Effective April 7, 2026
Globale Tessile Limited has announced the resignation of Chief Financial Officer Mr Sumit Agarwal, effective April 7, 2026. The resignation was tendered on March 31, 2026, with career advancement cited as the primary reason. The company has complied with SEBI disclosure requirements, providing formal intimation to stock exchanges along with required documentation and regulatory annexures.
12Feb 26
Global Tessile Limited Reports Q3FY26 Net Loss of ₹37.2 Lacs, Revenue Drops to ₹271.83 Lacs
Global Tessile Limited reported Q3FY26 results showing a net loss of ₹37.2 lacs, improved from ₹51.02 lacs loss in Q3FY25. However, revenue declined sharply to ₹271.83 lacs from ₹1213.17 lacs year-on-year. For nine months, the company posted ₹99.19 lacs net loss with ₹676.83 lacs total income. The results were approved by the Board on February 11, 2026.
12Nov 25
Globale Tessile Limited Reports Reduced Losses in Q2 FY2026
Globale Tessile, a textile company, reported improved financial results for H1 FY2026 ending September 30, 2025. The company reduced its loss before tax to ₹76.93 lakhs from ₹106.44 lakhs year-over-year, a 27.7% improvement. However, revenue from operations significantly decreased to ₹379.13 lakhs from ₹3,647.01 lakhs in the same period last year. Total assets increased to ₹2,581.52 lakhs, while current liabilities rose to ₹1,541.83 lakhs. The company's equity declined to ₹1,036.57 lakhs. Globale Tessile operates in a single business segment as per AS 108. The financial results were reviewed by M/s. Jain Chowdhary & Co., Chartered Accountants, with no material misstatements found.
25Sept 25
Globale Tessile Limited Strengthens Leadership with New CFO and Company Secretary Appointments
Globale Tessile Limited has announced two key appointments: Sumit Agarwal as Chief Financial Officer and Palak Bhavsar as Company Secretary and Compliance Officer, both effective September 25, 2025. Agarwal, an Inter Chartered Accountant with over eight years of experience, will oversee finance and accounts. Bhavsar, a certified Company Secretary with legal expertise, will manage corporate governance and compliance. The Board of Directors approved these appointments, which are expected to enhance the company's financial management and regulatory compliance.
05Sept 25
Globale Tessile Limited's Company Secretary Resigns, Citing Career Growth
CS Dhaval Nagar, Company Secretary and Compliance Officer of Globale Tessile, has resigned effective September 15, 2025. Nagar cited pursuit of professional growth and better career opportunities as reasons for his departure. The resignation was announced by Chairman Jeetmal B. Parekh in compliance with SEBI regulations.
18Aug 25
Globale Tessile Reports 94% Revenue Decline but Triples Net Profit in Q1
Globale Tessile Limited, a Gujarat-based textile company, reported a 94.44% year-on-year decline in total income from operations, falling to ₹104.17 lakhs from ₹1,873.78 lakhs. However, net profit after tax increased by 178.87% to ₹36.17 lakhs, up from ₹12.97 lakhs in the same quarter last year. Earnings per share rose to ₹0.34 from ₹0.14. The company's equity share capital remained stable at ₹1,062.03 lakhs. Net profit before tax decreased to ₹4.68 lakhs from ₹51.57 lakhs, suggesting the improved after-tax profit may be partly due to tax-related factors.
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