Pro CLB Global and K Globes Digital Media Partner for Strategic Investment and Acquisition

Pro CLB Global and K Globes Digital Media Partner for Strategic Investment and Acquisition​

Pro Clb Global Ltd announced a strategic Memorandum of Understanding (MOU) on June 1, 2026, with K Globes Digital Media Private Limited for a proposed investment and acquisition in the digital media sector.

Under the terms of the MOU, Pro Clb Global Limited proposes to acquire an initial equity stake of approximately 85% in K Globes Digital Media Private Limited. Upon completion of the proposed transaction, K Globes Digital Media Private Limited is expected to become a subsidiary of Pro Clb Global Ltd. Furthermore, Pro Clb Global Ltd may increase its shareholding up to 100% in subsequent phases.

The agreement outlines a significant investment commitment, with Pro Clb Global Ltd proposing to invest up to Rs. 20 Crore in phases. These funds are earmarked for the development and expansion of K Globes Digital Media Private Limited's comprehensive media and digital communication business.

Scope of Business Development​

The strategic objective established by the MOU is to jointly develop and expand K Globes Digital Media Private Limited's media and digital communication portfolio. The intended scope includes, but is not limited to:

• Television Broadcasting and Business News Channels
• Digital Media Platforms and News Portals
• Print Media Publications
• Corporate Communication Services
• Digital Marketing and Branding Solutions
• Media Production, Broadcasting and Content Creation
• Business Information, Financial News and Market Intelligence Services
• Allied activities approved by both parties.

The planned investment funds can be utilized across multiple areas, including business expansion, technology infrastructure development, content creation, licensing, broadcasting and digital platform development, and working capital requirements.

Deal Structure and Prerequisites​

The MOU establishes a phased approach for the transaction. The initial phase involves the acquisition of approximately 85% equity stake in K Globes Digital Media Private Limited. The second phase allows Pro Clb Global Ltd to potentially increase its holding up to 100% based on mutual agreements, business performance, and valuation considerations.

The proposed transaction is subject to several conditions, including the satisfactory completion of due diligence, receiving approvals from the respective Boards and shareholders, and securing necessary regulatory permissions.

The Parties noted that the MOU primarily records their current understanding and intent and is non-binding, with exceptions made for clauses relating to Confidentiality, Exclusivity, Governing Law, and Dispute Resolution.

Company Profiles​

Pro Clb Global Ltd
The transaction involves Pro Clb Global Ltd executing the MOU, solidifying its role as the proposed holding company.

K Globes Digital Media Private Limited (KGDMPL)
KGDMPL, operating in the Media, Broadcasting, and Digital Communication sector, aims to establish a modernized business media ecosystem in Gujarat. Its core offerings include:

• Television Broadcasting: Launching "Kubera Now," a 24x7 commercial regional business television channel that provides market updates and deep-dive programs on regional startups and MSMEs.
• Print Media: Publishing the fortnightly "KUBERA BULLETIN," an analytical journal focusing on industrial intelligence, tax updates, and corporate structuring advice.
• Digital Ecosystem: Utilizing the flagship portal www.kuberanow.com for live notifications, market charts, and multi-device access for the global Gujarati-speaking NRI business base.
• Services: Operating a Digital Solutions Agency model to empower regional businesses through comprehensive PR and branding services, including corporate filmmaking and synchronized media campaigns.

The investment is intended to build a unified, multi-platform suite spanning TV, Print, and Mobile networks, catering to entrepreneurs, MSME founders, commodity traders, and the global diaspora.

Stock Price Movement​

On Monday, Pro Clb Global Ltd settled at ₹32.50, finishing the day with no change to its shares. Throughout the session, the stock remained completely locked at the ₹32.50 mark, trading flat from the open to the close.