Globe Textiles (India) Limited (NSEI:GLOBE) entered into an agreement to acquire 70% stake in Globe Denwash Private Limited on January 28, 2023. The transaction is subject to due diligence and negotiations. The approval of the shareholders of Globe Textiles has been obtained.

Globe Textiles (India) Limited (NSEI:GLOBE) completed the acquisition of 70% stake in Globe Denwash Private Limited on April 24, 2024.