Globus Power Generation Reports Zero Revenue, Narrows Losses in Q1; Appoints New Directors
Globus Power Generation reported zero revenue for Q1 but narrowed its net loss to Rs. 3.98 lakhs from Rs. 16.39 lakhs year-over-year. The company re-appointed two independent directors, Mr. Thamattoor Prabhakaran Nair and Mrs. Chhavi Prabhakar, for five-year terms. Mr. Sunil Rai was appointed as a new Additional Non-Executive Independent Director. The board also approved preparations for the 40th AGM and appointed scrutinizers and e-voting service providers.