Glottis Merger & Restructuring
Glottis Limited has incorporated a wholly-owned subsidiary, Glottis Logistics SDN. BHD., in Malaysia. This strategic move aims to expand the company's footprint in freight forwarding.
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Glottis Limited has incorporated a wholly-owned subsidiary, Glottis Logistics SDN. BHD., in Malaysia. This strategic move aims to expand the company's footprint in freight forwarding.
Glottis Ltd submitted its Annual Report for FY 2025-26. The 4th AGM is scheduled for September 28, 2026, via video conferencing.
Glottis Limited has scheduled its 4th Annual General Meeting for September 28, 2026, to be held via video conferencing. The meeting will address standard ordinary business resolutions.
Glottis Ltd reported Q1 FY27 revenue of Rs 2,345 million, up 39.5% YoY. Management is diversifying into air freight and expanding its owned fleet for better operational control.
Glottis Limited reported Q1 FY27 revenue of ₹234.50 Crore, a 39.5% year-on-year increase. EBITDA for the quarter stood at ₹16.30 Crore with a 6.9% margin.
Glottis reported Q1 FY27 Revenue of ₹2,345 Mn (+39.5% YoY), driven by Sea Import (70% of revenue) and high renewable energy logistics exposure (38%). Strategy focuses on fleet expansion and multi-modal growth.
Glottis Limited filed its Monitoring Agency Report for the quarter ended June 30, 2026. The report confirms no deviation in the utilization of IPO proceeds.
Glottis Ltd reported revenue from operations of ₹234.5 Cr and net profit of ₹10.7 Cr for Q1 FY27.
Glottis Limited has scheduled a board meeting on August 10, 2026. The board will consider unaudited standalone and consolidated financial results for the quarter ended June 2026.
Glottis Ltd filed its quarterly shareholding pattern for the period ending June 30, 2026. The report outlines equity distribución among promoters and public shareholders.
Glottis Limited approved a Rs. 5 Crore inter-corporate loan to its Texas subsidiary. The 5-year loan is unsecured and for working capital.
Glottis Limited reported FY26 revenue of INR 7,226M and PAT of INR 377M (5.2% margin). Performance was impacted by global trade headwinds and softer freight rates in their first year as a listed entity.
Glottis Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The auditor reported full compliance with SEBI regulatory requirements.
Glottis Limited faced a challenging FY26 with revenue declining due to global freight rate softening, despite a recovery in Q4 sequential performance.
Glottis Limited reported FY26 revenue of ₹722.6 Crore with a 6.9% EBITDA margin. The company added 163 new customers despite global shipping rate corrections.
Glottis Limited reported FY26 revenue of ₹7,226 Mn and PAT of ₹377 Mn, navigating a soft global freight environment. The company is transitioning towards a diversified multimodal logistics model with increased focus on air freight and automobile sectors.
Glottis Limited appointed CNGSN & Associates LLP and PKF Sridhar & Santhanam LLP as company auditors. The appointments cover tax, transfer pricing, and internal audit functions.
Glottis Limited restructured its senior management hierarchy, redesignating four roles. The company also appointed Mr. Satheesh as Assistant General Manager effective June 1, 2026.
Glottis Limited reported zero deviations in the utilization of ₹159.99 Crore raised through its IPO. Actual issue expenses were lower than estimated by ₹0.13 Crore.
Glottis Ltd reported revenue from operations of ₹195.9 Cr and net profit of ₹10.7 Cr for Q4 FY26.
Glottis Limited reported consolidated net profit of ₹37.68 Crore for FY 2025-26. The company also approved various auditor appointments for the upcoming fiscal year.
Glottis Limited scheduled a board meeting for May 25, 2026, to approve audited financial results. The trading window remains closed until May 27, 2026.
Glottis Limited submitted its monitoring report for ₹159.99 Crore in IPO proceeds. The agency confirmed zero deviations in utilization towards stated objectives for the quarter.
Glottis Limited confirmed it does not meet the SEBI 'Large Corporate' criteria as of March 31, 2026. The company reported provisional outstanding borrowings of ₹49.71 Crore and maintains a 'Crisil BBB+/Stable' credit rating. This administrative filing clarifies the company's regulatory classification regarding debt issuance frameworks.
Glottis Limited received a favorable order dropping GST scrutiny proceedings. The Office of the Superintendent of GST & Central Excise closed the case regarding alleged excess Input Tax Credit of ₹2.73 Crore for FY 2022-23 after finding the company's reconciliations satisfactory. There are no financial or operational implications.
Glottis Limited received a GST scrutiny notice (Form ASMT-10) for FY 2022-23 alleging wrongful ITC claims. The notice proposes a liability of approximately ₹2.73 Crore. The company is currently evaluating the allegations and states there is no material impact on its financial position at this stage.
Glottis Limited clarified to NSE and BSE that recent significant stock price and volume movements are purely market-driven. The management confirmed they have no control over these movements or knowledge of specific reasons. The company remains committed to all necessary disclosures under SEBI Regulation 30.