Globtier Infotech Ltd has incorporated a wholly owned subsidiary named Globtier I-JK Limited, according to its latest regulatory filing. The move signals the company’s strategic expansion into new operational territories, potentially focused on regional IT services and infrastructure development. The subsidiary is expected to enhance Globtier’s service delivery and market reach.
Globtier Infotech Ltd, a managed IT and SAP support services provider, has officially incorporated a wholly owned subsidiary—Globtier I-JK Limited. As per the disclosure submitted to the Bombay Stock Exchange (BSE), this new entity is expected to support Globtier’s strategic growth initiatives, particularly in regional markets such as Jammu & Kashmir.
The formation of Globtier I-JK Limited aligns with the company’s broader vision to deepen its presence across India and offer tailored digital transformation solutions. With a focus on cloud services, application development, and IT infrastructure, the subsidiary may serve as a dedicated arm for localized service delivery and client engagement.
Important Points:
- Globtier I-JK Limited is a 100% subsidiary of Globtier Infotech Ltd
- Incorporated to strengthen regional operations, likely in Jammu & Kashmir
- Supports Globtier’s expansion in IT FMS, SAP, and cloud-based services
- Enhances operational agility and client proximity in emerging markets
Sources: Bombay Stock Exchange (BSE) Circular, NSE India Circulars