Financial Result For The Quarter And Year Ending 31St March 2017

• Security Code: 533104
• Company: GLOBUSSPR

This is with reference to the above captioned subject; we would like to inform you that the Board of Directors of the Company in their meeting held on 19th May 2017, have, inter-alia, considered and approved the following business: 1) Please find herewith the Financial Results for the 04th quarter and standalone and consolidated Audited Financial Result for the year ended 31st March 2017 along with the Report of Auditors thereon along with the Statement on Impact of Audit Qualifications as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2) Further note that The Board of Directors has not recommended any dividend for the FY 2016-17 because the company wants to reserve funds for its ongoing projects and other business expansion. 3) The Board of Directors have appointed Mr. Vijay Kumar Rekhi as an Additional Director (Executive Director) of the Company. Mr. Rekhi does not hold any equity shares in the Company. Brief Profile and educational qualification of Mr. Vijay kumar Rekhi is as below:- After a very successful tenure with the UB Group spreading over four decades starting in 1972, Mr. Rekhi's formal association with it ended in April 2014. Mr. Rekhi having served as President & Managing Director of United Spirits Limited (USL) for 15 years from April 1996, last held the position of Chairman, Executive Committee. As Managing Director, Mr. Rekhi and his team ensured global leadership by volume in the domain of Spirits, surpassing even Diageo. Earlier to his position as Managing Director of USL, Mr. Rekhi held various leadership roles within the UB Group in India and Overseas. Educational Qualification : Mr. Rekhi has had a brilliant academic record and went to the top rung and globally acclaimed institutions schools and colleges such as Harvard (HBS) and Wharton Business Schools, Indian Institute of Management (IIM), Ahmedabad, India, Delhi School of Economics (DSE), Delhi, India, Shriram College of Commerce & Economics (SRCC), Delhi, India.