Pro Clb Global Acquisition Worth ₹20 Cr
Pro CLB Global Limited signed an MOU to acquire an 85% stake in K Globes Digital Media. The company plans to invest ₹20 Crore to expand regional media operations.
- Value
- ₹20.00 Cr
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Pro CLB Global Limited signed an MOU to acquire an 85% stake in K Globes Digital Media. The company plans to invest ₹20 Crore to expand regional media operations.
Pro CLB Global Limited appointed M/s. Parth R. Shah & Co. as Internal Auditors for FY 2026-27. The firm will handle internal audit and compliance requirements.
Pro Clb Global Ltd reported revenue from operations of ₹0.8 Cr and net profit of ₹0.7 Cr for Q4 FY26.
Pro Clb Global Ltd reported standalone audited net profit of ₹1.00 Crore for FY2026. The results were approved by the board on May 29, 2026.
Pro Clb Global Limited approved its FY26 audited standalone financial results and appointed M/s. Parth R. Shah & Co. as internal auditors for FY27.
Pro Clb Global Ltd scheduled a board meeting on May 29, 2026. The board will consider and approve audited standalone financial results for FY2026.
Pro Clb Global Limited has approved shifting its registered office within New Delhi from Karol Bagh to Bawana DSIDC. The relocation was approved by the Board on May 5, 2026, to streamline administrative operations.
Pro CLB Global Limited entered a Strategic Association Agreement with Sevenglow Lights Limited. The agreement outlines a phased strategic investment, initially targeting a 36% equity stake with potential for 100% acquisition. The partnership focuses on business expansion, governance, and long-term value creation, valid for an initial six-month term.
Pro Clb Global Ltd has informed BSE that the Annual Secretarial Compliance Report for FY 2025-26 is not applicable. The company is exempt under Regulation 15(2) of SEBI LODR as its paid-up equity capital and net worth remain below the prescribed thresholds of ₹10 Crore and ₹25 Crore respectively.
Pro Clb Global Ltd (formerly Provestment Services Limited) has clarified that it does not meet the criteria to be identified as a Large Corporate under SEBI's debt-raising framework. The company reported zero outstanding borrowings as of March 31, 2026. This routine regulatory filing confirms the company is not currently subject to mandatory debt-market borrowing requirements.
Pro CLB Global Limited announced the successful passage of five resolutions via postal ballot with 99.99% majority. Key outcomes include the regularization of additional directors and the appointment of M/s. Shweta Jain & Co LLP as Statutory Auditors. The results confirm strong shareholder support for the board's leadership and governance proposals.
Pro Clb Global Ltd clarified to BSE that the delay in disclosing an MoU execution was due to internal administrative processes. The company stated there was no intent to withhold information and has since strengthened its compliance mechanisms.
Pro Clb Global Ltd has executed a non-binding MoU to acquire an initial 36% equity stake in Sevenglow Lights Limited. The agreement allows for a phased increase in shareholding up to 100% based on performance milestones. This strategic investment aims to drive business expansion and long-term value creation.