Globale Tessile Ltd share Price Today

Globale Tessile Limited was incorporated in Gujarat as a Private Limited Company, with the name and style of "Globale Tessile Private Limited" pursuant to a Certificate of Incorporation dated August 01, 2017, issued by the Registrar of Companies, Ahmedabad. The Company commenced its business on May 18, 2017. In 2024, the Scheme of Arrangements involving Demerger between Mahalaxmi Rubtech Limited (MRT); Mahalaxmi Fabric Mills Private Limited (MFMPL); and the Company and their respective Shareholders and Creditors, the Traditional Textile Processing Division was transferred to the Company, effective from April 01, 2024. Accordingly, in consideration of the Scheme, the Company has issued and allotted 1,06,20,275 new Equity Shares of Rs. 10/- each to the Shareholders of Mahalaxmi Rubtech Limited in the ratio of 1 (One) new Equity Share, fully Paid-up, of the Company for every 1 (One) Equity Shares held by them in Mahalaxmi Rubtech Limited. The Company is primarily engaged in the business of trading in textile products.

Globale Tessile share price as on 06 Sep 2024 is Rs. 48.75. Over the past 6 months, the Globale Tessile share price has increased by 0% and in the last one year, it has decreased by 33.71%. The 52-week low for Globale Tessile share price was Rs. 48.75 and 52-week high was Rs. 87.