Globe Multi Ventures Ltd. Company History and Annual Growth Details

Globe Commercials Limited was incorporated as a Public Limited Company under the provisions of the Companies Act, 1956 on January 09, 1985 & has obtained the Certificate for Commencement of Business on June 6, 1985 from the Registrar of Companies, Delhi & Haryana.

2023

-The Company has issued Bonus Shares in the Ratio of 1:1.Â

2024

-Company name has changed to Globe Multi Ventures Ltd. from Globe Commercials Ltd.

-The Company approved the proposal for takeover / acquisition of 5,19,84,788 equity shares of Rs.10/- each constituting 84.40% stake in Cooption Corporation Pvt Ltd. (CCPL) has been considered and approved for consideration other than cash by issue of 20,79,39,152 equity shares of Rs.10/- each through preferential issue on swap basis as per swap ration of 4:1 i.e. 4(four) equity shares of Rs.10/- each of Globe Multi Ventures Ltd (formerly known as Globe Commercials Ltd) for every 1 (One) equity shares of Rs.10/- each held in CoOptions Corporation Pvt Ltd. (CCPL).

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