Globesecure Technologies Approves New Internal Auditor and Secures Supplementary Inter Corporate Loan
Globesecure Technologies Limited, through its Board of Directors, has approved significant strategic appointments and a financial transaction aimed at enhancing its operational framework. The company confirmed the appointment of a new internal auditor and authorized a director to execute a First Supplementary Inter Corporate Loan Agreement with ANA Cyber Forensic Private Limited.The Board meeting determined that the appointment of Senior Management Personnel was not required.
Internal Auditor Appointment Details
Globesecure Technologies appointed M/s. DAPANS & Company, Chartered Accountants, as the company's Internal Auditor for the Financial Year 2026-2027. The firm holds a long-standing history in professional services and possesses extensive experience relevant to Globecure’s operations.The appointment is set for one financial year, concluding with the internal audit duties being carried out by M/s. DAPANS & Company. This professional firm, established in 1979, specializes in audit, assurance, taxation, risk management, and corporate advisory services across diverse sectors, including manufacturing, IT, and financial services.
Key details regarding the newly appointed Internal Auditor are summarized below:
| Particulars | Details |
|---|---|
| Auditor Firm | M/s. DAPANS & Company, Chartered Accountants |
| Term of Appointment | 1 financial year (2026-2027) |
| Firm Profile | Multidisciplinary firm established in 1979 with expertise spanning internal controls and corporate governance across multiple industries. |
First Supplementary Inter Corporate Loan Agreement
The Board further authorized a director to enter into a First Supplementary Inter Corporate Loan Agreement with ANA Cyber Forensic Private Limited. This domestic agreement is designed to enhance the existing inter-corporate loan facility by increasing the aggregate loan amount. All other terms and conditions of the original Inter-Corporate Loan Agreement remain unchanged following this supplementary arrangement.The financial details pertaining to the new agreement are as follows:
| Particulars | Details |
|---|---|
| Counterparty | ANA Cyber Forensic Private Limited |
| Type of Transaction | First Supplementary Inter Corporate Loan Agreement (Domestic) |
| Consideration Amount | ₹ 94,49,334 |
| Agreement Scope | Enhancing the existing inter-corporate loan facility by increasing the aggregate loan facility. |
Globecure Technologies confirmed that neither the transaction nor its parties fall under related party transactions.
GSTL Stock Price Movement
Shares of Globesecure Technologies Limited closed today, having slipped by 1.88% to settle at ₹18.25 in post-market trading. The equity traded within a tight intraday range, reflecting its limited price movement throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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