6 months ago
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Liquor shaper Globus Spirits Limited connected Thursday (November 20, 2025) said its committee has approved raising up to ₹500 crore done the issuance of equity shares.
The committee of directors of the company, astatine its gathering held connected Thursday (November 20, 2025), approved raising funds by mode of issuance of equity shares having a look worth of ₹10 each, for an aggregate magnitude not exceeding ₹500 crore, Globus Spirits Limited said successful a regulatory filing.
The issuance could beryllium successful 1 oregon much tranches, done assorted modes, including qualified institutions placement, preferential allotment, oregon a backstage placement, taxable to regulatory and shareholders' approvals, it added.
The committee has besides approved the constitution of a fundraising committee to woody with each matters pertaining to the projected fundraising, the institution said.
Also, a connection to heighten the aggregate Foreign Portfolio Investors (FPIs) concern bounds to 20% of the paid-up equity stock superior taxable to the support of shareholders, it added.
