Globesecure Technologies Limited at its board meeting held on March 7, 2024 announced constitution of the Rights Issue Committee consisting of Mr. Ragavan Rajkumar, Chairman, Mr. Sushilkumar Agrawal, Member and Mr. Gopala Ramaratnam, Member to proceed with the Rights issue and, inter-alia, decide the other terms and conditions of the Rights Issue, including but not limited to deciding on the record date, determining Rights issue price, Rights entitlement ratio, timing and terms of payment, appointment of intermediaries and other related matters.