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 the Demerger between Mahalaxmi Rubtech Limited (MRT); Mahalaxmi Fabric Mills Limited (MFML); and the Company and their respective Shareholders and Creditors was implemented, where the Traditional Textile Processing Division at Narol, Ahmedabad and Wind Power Division of MRT along with existing investment of MRT in its Wholly Owned Subsidiary Company namely Mahalaxmi Exports Private Limited was vested into MFML. Secondly, the Trading Tex ...tiles Division of MRT was demerged into the Company w.e..f 01st April, 2022 as a going concern basis and the Scheme of Demerger became effective from 01st April, 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.
1. Can I buy Globale Tessile Ltd from PL Capital? ›
Yes, you can invest in Globale Tessile Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Globale Tessile Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Globale Tessile Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Globale Tessile Ltd pay dividends? ›
Globale Tessile Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Globale Tessile Ltd ? ›
As of
05-12-2025 the share price for Globale Tessile Ltd. is 10.8 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Globale Tessile Ltd ? ›
The 52-week high and low of Globale Tessile Ltd share price is ₹ 10.53 - ₹ 34.7 as of
05-12-2025 .
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