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Brief: Globe Textiles (India) To Demerge Its Online Business Comprising INDIGENX And ORIJEAN Brands

July 21 (Reuters) - Globe Textiles (India) Ltd GLOX.NS:

TO DEMERGE ITS ONLINE BUSINESS COMPRISING INDIGENX AND ORIJEAN BRANDS

DEMERGER OF ONLINE BUSINESS TO NEW ENTITY MORABIA CREATION

Source text: ID:nNSE3LhnJG

Further company coverage: GLOX.NS

 ((Reuters.Briefs@thomsonreuters.com;;))

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