Glottis Ltd Approves ₹5 Cr Loan to Wholly Owned Subsidiary

Glottis Ltd's Board of Directors has approved an inter-corporate loan of up to ₹5 Crores (or equivalent USD) to its wholly-owned subsidiary, Glottis Inc., located in Texas. The loan is intended for working capital requirements. The agreement was finalized on July 03, 2026, with repayment expected within five years. This transaction is considered an arm's length transaction and is unsecured. The disclosure is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.