Outcome of Board Meeting

Date: August 21, 2026 National Stock Exchange Limited Exchange Plaza, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 051 Dear Sir, Sub: Outcome of Board Meeting NSE Symbol: GLOBE ISIN: INE581X01021 This is to inform you under Regulation 30 and any other Regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that a meeting of the Board of Directors of the Company was held on Friday, August 21, 2026 at the registered office of the Company and the said meeting commenced at 2.30 P.M. and concluded at 3.45 P.M. The following matters were decided by the Board: 1 Board of Director’s considered and approved the Directors’ Report along with Report on Corporate Governance, Management Discussion and Analysis Report for the year ended on March 31, 2026. 2 Board of Director’s considered and approved the Secretarial Audit report furnished by M/s. K. Jatin & Co. Company Secretaries for the year ended on March 31, 2026. 3 Board of Director’s considered and approved the Appointment of M/s Maulin Shah & Associates, Cost Accountants (firm Registration No: 101527) as Cost Auditor of the Company for the Financial year 2026-27 and also approved the remuneration payable to the M/s Maulin Shah & Associates for carrying out the cost audit for the Financial Year 2026-27 (Annexure I). 4 Board of Director’s considered and approved the increase in the Authorized share capital of the company from existing Rs.91,00,00,000/- (Rupees Ninety-One Crores Only) divided into 45,50,00,000 (Forty-Five Crores Fifty Lakhs) Equity Shares of Rs. 2/- (Rupees Two) each to Rs. 151,00,00,000/- (Rupees One Fifty-One Crores Only) divided into 75,50,00,000 (Seventy Five Crores Fifty Lakhs) Equity Shares of Rs. 2/- (Rupees Two) each, ranking pari-passu in all respect with the Existing Equity Shares of the Company. Consequently, the Board approved alteration of Clause V (Capital Clause) of the Memorandum of Association of the Company, subject to approval of the shareholders of the company. The details as required under Schedule III of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13" July 2023, are enclosed as “Annexure II” to this letter. 5 The Board of Director’s considered and approved increasing borrowing powers of the Company u/s 180(1)(c) of the Companies Act, 2013 subject to the approval of the shareholders at the ensuing Annual General Meeting. 6 The Board of Director’s considered and approved increasing the limits for making loans, giving guarantees, providing securities and making investments by the Company u/s 186 of the Companies Act, 2013 subject to the approval of the shareholders at the ensuing Annual General Meeting. 7 The Board of Director’s considered and approved increasing the limits for selling, leasing or otherwise disposing of the whole or substantially the whole of the undertaking(s) of the Company u/s 180(1)(a) of the Companies Act, 2013 subject to the approval of the shareholders at the ensuing Annual General Meeting. 8 The Board considered and approved advance loans, give guarantees or provide securities in connection with loans to any person(s)/entity(ies) in whom any of the Directors of the Company may be interested u/s 185 of the Companies Act, 2013, subject to the approval of the shareholders at the ensuing Annual General Meeting. 9 To convert the loans taken from directors and promoter of company into equity shares of the Company u/s 62(3) of the Companies Act, 2013, subject to the approval of the shareholders at the ensuing Annual General Meeting. 10 The Board considered and approved appointment of Mr. Hemant Jayantilal Dave (DIN: 01151753), as an Independent Director of the Company for period of five years subject to approval of Shareholder’s at ensuing Annual General Meeting. (Annexure III). 11 The Board considered and approved the Notice of the 31st Annual General Meeting of the Members of the Company to be held on Friday, September 18, 2026 at 11.30 a.m. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). 12 The Record date is fixed as Friday, 11th September, 2026 for determining the eligibility of the members of the Company to vote by electronic means or at the Annual General Meeting. 13 The Board considered and approved appointment of M/s. K. Jatin & Co. Company Secretaries, as Scrutinizers for 31st Annual General Meeting of the company. 14 The Board considered and approved appointment of National Securities Depository Limited (NSDL) as E-Voting Agency for 31st Annual General Meeting of the company. 15 Remote E-Voting period shall commence from Tuesday, 15 September, 2026 (09:00 AM) and end on Thursday, 17th September, 2026 (05:00 PM). 16 The Board of Directors considered and approved the adoption of a new logo of the Company. The new logo will be used across the Company’s corporate communications, branding, letterheads, official documents and other relevant materials. Please take the same on your record. Thanking you, Yours faithfully, For Globe Enterprises (India) Limited (Formerly known as Globe Textiles (India) Limited) Bhavik Suryakant Parikh Managing Director DIN: 00038223 Encl. as above Annexure - II Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with circular No. SEBI/HO/CFD/CFD- PoD1/P/CIR/2023/123 dated July 13, 2023. Appointed M/s. Maulin Shah & Associates as a Cost Auditor of the Company Sr. Details of events that needs to be Information of such events No. provided 1. Name of Auditor M/s Maulin Shah & Associates, Cost Accountants 2. Reason for change viz. appointment, Reappointment reappointment, resignation, removal, death or otherwise 3. Date of appointment / re-appointment / August 21, 2026 cessation (as applicable) Term of Appointment: Conduct Cost Audit for FY 2026-27 4. Brief profile (in case of appointment) M/s Maulin Shah & Associates (Firm Registration No. 101527) is a reputed firm of Practising Cost Accountants based in Ahmedabad, delivering a comprehensive range of professional services to its esteemed clientele. The firm has successfully undertaken a wide array of assignments in the field of costing, including Cost Audits, Certifications, Design and Implementation of Costing Systems, Cost Consultancy, and Costing-based Turnaround Strategies, catering to a diverse range of industries and businesses 5 Disclosure of relationships between Not Applicable directors (in case of appointment of a Director) For Globe Enterprises (India) Limited (Formerly known as Globe Textiles (India) Limited) Bhavik Suryakant Parikh Managing Director DIN: 00038223 Annexure - II SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, amendments to Memorandum of Association of the Company, in brief The Board of Directors of the Company at its Meeting held on August 21, 2026 subject to approval of the shareholders to be obtained, has resolved to amend clause V (Capital Clause) of the Memorandum of Association of the Company as below; “The Share Capital of the Company is Rs. 151,00,00,000 (Rupees One Fifty-One Crore Only) divided into in 75,50,00,000 (Seventy Five Crores Fifty Lakhs) Ordinary Shares of Rs.2/- each with the rights, privileges and conditions attaching thereto as are provided by the Articles of Association of the Company for the time being with power to increase or reduce the Capital of the Company and to divide the Shares in the Capital for the time being into several classes and to attach thereto, respectively such preferential rights, privileges and conditions as may be determined by or in accordance with the Articles of Association of the Company for the time being.” For Globe Enterprises (India) Limited (Formerly known as Globe Textiles (India) Limited) Bhavik Suryakant Parikh Managing Director DIN: 00038223 Annexure III B [Showing first 8,000 characters — download PDF for full document]