Globus Spirits Aims for Rs. 2,200 Crore Revenue by FY'29, Announces Potential Fund Raising

1 min read     Updated on 18 Nov 2025, 09:13 AM
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Overview

Globus Spirits Ltd. has set a revenue target of over Rs. 2,200 crore by FY'29 with a 17% margin goal. The company expects its prestige category to contribute 25% of revenue. Additionally, Globus Spirits' board will meet on November 20, 2025, to consider various fund-raising options, including equity shares, convertible instruments, and debentures through methods such as private placement, public issue, or rights issue.

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*this image is generated using AI for illustrative purposes only.

Globus Spirits Ltd. , a prominent player in the Indian spirits industry, has set ambitious targets for its future growth and announced potential fund-raising plans, signaling a strategic shift in its business approach.

Revenue Target and Margin Goals

The company has unveiled an aggressive growth strategy, targeting a significant increase in its total consumer revenue. Key points of this strategy include:

Target Details
Revenue Goal Over Rs. 2,200 crore by FY'29
Margin Target 17%
Prestige Category Expected to contribute 25% of revenue

This strategic goal represents a substantial growth ambition for Globus Spirits, with a particular focus on expanding its presence in the prestige category segment of the spirits market.

Potential Fund Raising Initiative

In a separate development, Globus Spirits has announced plans to consider a fund-raising proposal. The company's board of directors is scheduled to meet on November 20, 2025, to evaluate various fund-raising options, including:

  • Issue of equity shares
  • Equity-linked instruments
  • Convertible preference shares
  • Fully or partly convertible debentures
  • Composite issue of non-convertible debentures and warrants

The company is exploring multiple avenues for this potential fund raise, such as:

  • Private placement (including qualified institutions placements)
  • Further public issue of equity/debt securities
  • Preferential issue
  • Rights issue

Market Implications

These announcements suggest that Globus Spirits is gearing up for a phase of significant expansion and capital investment. The ambitious revenue target, coupled with the potential fund-raising initiative, indicates the company's intent to strengthen its market position and possibly explore new growth avenues in the coming years.

Investor Considerations

While these plans paint an optimistic picture for Globus Spirits' future, investors should note that the fund-raising proposal is still under consideration and subject to necessary approvals, including shareholder consent. The company has also closed its trading window for directors and senior employees until further notice, in compliance with SEBI regulations.

As Globus Spirits embarks on this journey towards its FY'29 goals, market observers will be keenly watching how these strategic moves unfold and impact the company's performance in the competitive Indian spirits market.

Historical Stock Returns for Globus Spirits

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Globus Spirits to Evaluate Fundraising Options in Upcoming Board Meeting

1 min read     Updated on 17 Nov 2025, 10:45 AM
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Reviewed by
Naman SScanX News Team
Overview

Globus Spirits Limited has scheduled a board meeting for November 20, 2025, to evaluate a comprehensive fundraising proposal. The board will explore various capital-raising options, including equity shares, convertible securities, and debt instruments. Potential issuance methods include private placement, public issue, and rights issue. The company has closed its trading window for directors and senior employees from November 17, 2025, in compliance with SEBI regulations. Any approved fundraising initiative will require necessary approvals and potential shareholder consent through an extraordinary general meeting or postal ballot.

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*this image is generated using AI for illustrative purposes only.

Globus Spirits Limited , a prominent player in the spirits industry, has announced an upcoming board meeting that could potentially reshape its financial landscape. The company's board of directors is set to convene on November 20, 2025, to deliberate on a comprehensive fundraising proposal.

Key Details of the Board Meeting

Aspect Details
Date of Meeting November 20, 2025
Primary Agenda Evaluation of fundraising proposal
Potential Instruments Equity shares, convertible securities, debt instruments
Possible Issuance Methods Private placement, public issue, rights issue

Fundraising Considerations

The board will explore various avenues for raising capital, including:

  • Issuance of equity shares
  • Equity-linked instruments
  • Convertible preference shares
  • Fully or partly convertible debentures
  • Composite issue of non-convertible debentures and warrants
  • Other eligible securities

The company is considering methods such as private placements (which may include qualified institutions placements), further public offerings of equity or debt securities, preferential issues, and rights issues.

Regulatory Compliance and Shareholder Approval

Globus Spirits has emphasized that any fundraising initiative will be subject to necessary statutory, regulatory, and other approvals. If the board approves the proposal, the company may:

  • Convene an extraordinary general meeting
  • Initiate a postal ballot process

These steps would be taken to seek shareholder approval for the proposed fundraising activities, ensuring compliance with corporate governance norms.

Trading Window Closure

In line with regulatory requirements and to maintain market integrity, Globus Spirits has implemented the following measures:

  • The trading window for the company's securities closed on November 17, 2025
  • It will remain closed for directors and senior employees until further notice
  • This action complies with SEBI (Prohibition of Insider Trading) Regulations, 2015

Implications

While the specific amount of funds to be raised has not been disclosed, this move by Globus Spirits suggests a strategic approach to strengthening its financial position. The diverse range of fundraising options under consideration indicates the company's flexibility in adapting to market conditions and investor preferences.

Investors and market observers will be watching the outcome of this board meeting, as it could impact the company's financial structure. The decision made on November 20, 2025, may provide insights into Globus Spirits' financial strategies in the spirits industry.

Historical Stock Returns for Globus Spirits

1 Day5 Days1 Month6 Months1 Year5 Years
+1.34%-9.37%-0.35%+7.79%+25.87%+239.94%
Globus Spirits
View in Depthredirect
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