Liquor buildr Globus Spirits Limited on Thursday (November 20, 2025) declared its board has approved raising up to ₹500 crore through the issuance of equity shares.
The board of directors of the company, at its meeting held on Thursday (November 20, 2025), approved raising funds by way of issuance of equity shares having a face value of ₹10 each, for an aggregate amount not exceeding ₹500 crore, Globus Spirits Limited declared in a regulatory filing.
The issuance could be in one or more tranches, through various modes, including qualified institutions placement, preferential allotment, or a private placement, subject to regulatory and shareholders’ approvals, it added.
The board has also approved the constitution of a fundraising committee to deal with all matters pertaining to the proposed fundraising, the company declared.
Also, a proposal to enhance the aggregate Foreign Portfolio Investors (FPIs) investment limit to 20% of the paid-up equity share capital subject to the approval of shareholders, it added.
Published – November 21, 2025 05:56 am IST
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