Globe Textiles to Host Investor Meet on 5th February 2025 to Discuss Rights Issue

Team Finance Saathi

    01/Feb/2025

What's covered under the Article:

  1. Globe Textiles schedules an investor meet to discuss the rights issue.
  2. Virtual group meeting set for 5th February 2025 at 4:00 PM.
  3. No unpublished price-sensitive information will be shared during the meet.

Globe Textiles (India) Limited has announced an investors meet to discuss the closing of its right issue, scheduled for 5th February 2025. As part of its compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed the following details for the virtual meeting:

Event Details:

  • Date: 5th February 2025
  • Time: 04:00 PM IST
  • Mode: Virtual Group Meeting (via Zoom)
  • Meeting Link: Join Zoom Meeting

The discussion will focus on the company’s right issue proceedings, providing clarity on the process and next steps. It will not involve any unpublished price-sensitive information, ensuring transparency for all investors.

Purpose of the Investors Meet

This meeting provides a valuable opportunity for investors to engage directly with the management of Globe Textiles (India) Limited regarding the right issue, a method the company is using to raise funds. Investors will have an opportunity to gain insights into the closing process of the issue, which may affect the company’s stock price and future operations.

Regulatory Compliance

In compliance with SEBI’s regulations, the company has taken necessary steps to provide a platform for its investors to ask questions and seek clarifications about the right issue.

If you are an investor looking to engage or simply seeking more information about Globe Textiles, this virtual meet could provide valuable insight.

 


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