Globale Tessile logo

Globale Tessile MD, chairman, board of directors and AGM

NSE: GLOBALEBSE: 544234Textiles & ApparelsSmall Cap

Last close ₹10.98up ₹0.63 (6.09%)BSE ₹11.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹10.35.

52-week range of traded prices to 23 Oct 2026
₹9.20Low, 27 Mar 2026₹15.40High, 22 Apr 2026
Market cap
₹12 Cr4,477th largest listed
P/E
Lossover the last 12 months
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
−11.3%
ROCE
−6.1%
Debt to equity
1.08
Volume, NSE
55989.6% delivered

Globale Tessile board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • Chairperson and managing directorJEETMAL BHOORCHAND PAREKH
  • Company Secretary and Compliance OfficerKinnari Gosaliya

6 directors3 independent1 executive2 non-executive

  • JEETMAL BHOORCHAND PAREKH · Chairperson and managing directorExecutive · joined Aug 2017 · reappointed Apr 2024 · 3 listed boards
  • RAHUL JEETMAL PAREKHNon-executive · joined Aug 2017 · reappointed Aug 2017 · 3 listed boards · 3 committee seats
  • ANAND JEETMAL PAREKHNon-executive · joined Nov 2022 · reappointed Sep 2023 · 3 listed boards · 6 committee seats
  • SANGITA SHINGIIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 4 listed boards · 4 as independent · 3 committee seats
  • NEHAL MAYUR SHAHIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 3 as chair
  • INDRA BALVEERMAL SINGHVIIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 13 Aug 20266 of 6 present3 independent · 15 days in between
    • 28 Jul 20266 of 6 present3 independent · 27 days in between
    • 30 Jun 20266 of 6 present3 independent · 18 days in between
    • 11 Jun 20266 of 6 present3 independent · 15 days in between
    3 earlier meetings
    • 26 May 20266 of 6 present3 independent · 47 days in between
    • 8 Apr 20266 of 6 present3 independent · 6 days in between
    • 1 Apr 20266 of 6 present3 independent
  • Audit Committee

    Chair INDRA BALVEERMAL SINGHVI

    ANAND JEETMAL PAREKH, NEHAL MAYUR SHAH, SANGITA SHINGI

    • 13 Aug 20264 of 4 present3 independent · 78 days in between
    • 26 May 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair SANGITA SHINGI

    JEETMAL BHOORCHAND PAREKH, INDRA BALVEERMAL SINGHVI

    • 13 Aug 20263 of 3 present2 independent · 43 days in between
    • 30 Jun 20263 of 3 present2 independent · 34 days in between
    • 26 May 20263 of 3 present2 independent · 47 days in between
    • 8 Apr 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair NEHAL MAYUR SHAH

    RAHUL JEETMAL PAREKH, ANAND JEETMAL PAREKH

    • 13 Aug 20263 of 3 present1 independent · 78 days in between
    • 26 May 20263 of 3 present1 independent
  • Risk Management Committee

    Chair ANAND JEETMAL PAREKH

    RAHUL JEETMAL PAREKH, NEHAL MAYUR SHAH

    • 13 Aug 20263 of 3 present1 independent · 78 days in between
    • 26 May 20263 of 3 present1 independent
  • Corporate Social Responsibility Committee

    Chair RAHUL JEETMAL PAREKH

    ANAND JEETMAL PAREKH, SANGITA SHINGI

    • 13 Aug 20263 of 3 present1 independent · 48 days in between
    • 25 Jun 20263 of 3 present1 independent
  • Share Tansfer Committee

    Chair RAHUL JEETMAL PAREKH

    JEETMAL BHOORCHAND PAREKH, ANAND JEETMAL PAREKH

    No meeting listed in the filing.

  • Share Transfer Committee

    • 13 Aug 20263 of 3 present0 independent · 48 days in between
    • 25 Jun 20263 of 3 present0 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Jain Chowdhary & CoPeer-review certificate valid to Feb 2029
2 earlier auditors
  • Jain Chowdhary and Co.Named in filings from Sep 2025 to Dec 2025
  • Bhanwar Jain and Co Firm Registration No 117340WNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Globale Tessile AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Globale Tessile share news and announcements

Annual general meeting, 30 Sep 2026

6,312 shareholders on the register on 23 Sep 2026; present: 26 promoters and 40 others; votes counted by Rohit Sunil Periwal / Rohit Periwal & Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND IF APPROVED, ADOPT THE AUDITED FINANCIAL STATEMENT OF THE COMPANY, FOR THE FINANCIAL YEAR ENDED ON MARCH 31, 2026, AND THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 64.51% · promoters 97.88% · institutions 0.00% · other public 3.16%

  2. TO APPOINT A DIRECTOR IN PLACE OF SHRI ANAND JEETMAL PAREKH (DIN: 00500384) WHO RETIRE BY ROTATION AT THIS AGM AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 64.51% · promoters 97.88% · institutions 0.00% · other public 3.16%

  3. APPOINTMENT OF M/S. ROHIT PERIWAL & ASSOCIATES, COMPANY SECRETARIES (ICSI UNIQUE CODE: S2019GJ677700) AS SECRETARIAL AUDITORS OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 64.51% · promoters 97.88% · institutions 0.00% · other public 3.16%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Aug 2025, 5 resolutions

6,212 shareholders on the register on 16 Aug 2025; present: 26 promoters and 59 others; votes counted by Malay Desai / Malay Desai & Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND IF APPROVED, ADOPT THE AUDITED (STANDALONE AND CONSOLIDATED) FINANCIAL STATEMENT OF THE COMPANY, FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2025 AND THE REPORTS OF THE BOARD AND AUDITORS THEREONMoreLess
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.32%

    Turnout: all 68.40% · promoters 99.97% · institutions 0.00% · other public 10.32%

  2. TO APPOINT A DIRECTOR IN PLACE OF SHRI RAHUL J.PAREKH (DIN:- 00500328), WHO RETIRE BY ROTATION AT THIS AGM AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.32%

    Turnout: all 68.40% · promoters 99.97% · institutions 0.00% · other public 10.32%

  3. TO APPOINTMENT OF STATUTORY AUDITORS
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.32%

    Turnout: all 68.40% · promoters 99.97% · institutions 0.00% · other public 10.32%

  4. TO RE-APPOINT SECRETARIAL AUDITOR
    Ordinary
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.32%

    Turnout: all 68.40% · promoters 99.97% · institutions 0.00% · other public 10.32%

  5. CONTINUATION OF MR. JEETMAL B. PAREKH (DIN: 00512415) AS MANAGING DIRECTOR OF THE COMPANY WHO HAS ATTAINED THE AGE OF 75 YEARS
    Special
    96.18% for3.82% against

    Against: promoters 0.00% · institutions 0.00% · other public 72.32%

    Turnout: all 68.40% · promoters 99.97% · institutions 0.00% · other public 10.32%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 7 resolutions

Present: 26 promoters and 65 others.The company's voting result (opens in a new tab)

  1. To receive, consider and if approved, adopt the Audited Financial Statement of the Company, for the Financial Year Ended on 31st March, 2024 and the Reports of the Board and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  2. To appoint a Director in place of Shri Jeetmal B. Parekh (DIN:- 00512415), who retires by rotation at this AGM and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  3. To appoint Shri Jeetmal B. Parekh (DIN:-00512415), as a Managing Director of the Company .
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  4. To regularize the appointment of Smt. Sangita S. Shingi (DIN:- 06999605), as a Non–Executive-Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  5. To regularize the appointment of Shri Nehal M. Shah (DIN:- 00020062), as a Non–Executive-Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  6. To regularize the appointment of Smt. Indra B. Singhvi (DIN:- 07054136), as a Non–Executive-Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 68.61% · promoters 99.97% · institutions 0.00% · other public 10.92%

  7. To approve Material Related Party Transactions of the Company.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 3.82% · promoters 0.00% · institutions 0.00% · other public 10.92%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.