Archive · 20 Nov 2025
Globus Spirits Approves ₹500 Crore Equity Issuance Plan
Globus Spirits, a liquor maker, has decided to raise up to ₹500 crore by selling new shares to investors.
The company's board has agreed to this plan and will form a committee to handle the fundraising.
They also want to allow foreign investors to own up to 20% of the company's shares.
Globus Spirits Ltd board approves raising up to ₹500 crore via equity issuance
Funds to be raised through issuance of equity shares of ₹10 face value
Issuance could be in one or more tranches via QIP, preferential allotment, or private placement
Board approves constitution of fundraising committee
Proposal to enhance FPI investment limit to 20% of paid-up equity share capital
- Who
- Globus Spirits Ltd
- What
- Approved a plan to raise funds via equity issuance
- When
- November 20, 2025
- Where
- Not specified
- Why
- To raise funds for the company
- Fundraising Amount
- Up to ₹500 crore
- Share Face Value
- ₹10
- Potential Modes of Issuance
- QIP, preferential allotment, private placement
- Proposed FPI Investment Limit
- 20% of paid-up equity share capital
