Every Spin-Off
Morabia Creation
AnnouncedINTrades apparel under the INDIGENX and ORIJEAN brands in India; a very small business with about Rs 21 lakh of annual turnover.
Globe Enterprises' trading business under the INDIGENX and ORIJEAN apparel brands, a very small unit (Rs 20.8 lakh, 0.04% of FY25 turnover).
- Status
- Announced
- Expected
- Awaiting NCLT approval
- Parent
- Globe Enterprises (India) (GLOBE IN)
- Spin-off ticker
- To be announced
- Listing
- NSE
- Market
- India
- Sector
- Consumer discretionary
Terms
1 Morabia Creation share for every 360 Globe Enterprises shares; amended scheme approved by the board on 7 Feb 2026 with appointed date 1 Apr 2026; needs NCLT and other approvals; listing on NSE to be sought.
Key dates
- Amended scheme board approval
- Appointed date
- NCLT approval
Source documents
- Press releaseRegulation 30 intimation on demerger (02/07/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email