GLOBE ENTERPRISES (INDIA) LIMITED
Code: GLOBE | Category: Demerger
Type: Demerger
Document Timeline (3 versions)
Original
July 11, 2025Version 2
July 21, 2025Version 3
February 07, 2026Version 3 Details
| Announcement Date: | February 07, 2026 |
|---|
Demerger Information
| Resulting Entity: | Morabia Creation Limited |
|---|---|
| Demerged Business: | Trading Business comprising the INDIGENX and ORIJEAN brands |
| Demerger Ratio: | 1:360 |
| Listing Exchange: | NSE |
| Record Date: | 2025-01-17 |
| Appointed Date: | 2026-04-01 |
| Board Approval: | 2026-02-07 |
| Status: | Board_approved |
Rationale
To create a focused and independently operated trading entity to better leverage market potential, improve management efficiency, unlock shareholder value, and facilitate differentiated business strategies for trading (INDIGENX/ ORIJEAN) and manufacturing.
Document
View PDF https://nsearchives.nseindia.com/corporate/GLOBE_07022026131052_070226intimationreg30demergerSIGNED.pdfDocument
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