Globus Spirits Board Greenlights ₹500 Crore Equity Fundraising Plan

1 min read     Updated on 20 Nov 2025, 02:10 PM
scanx
Reviewed by
Ashish TScanX News Team
Overview

Globus Spirits' board has approved raising up to ₹500 crores through equity shares issuance and proposed increasing the Foreign Portfolio Investment (FPI) limit to 20%. A dedicated fund raising committee has been formed. An Extraordinary General Meeting is scheduled for December 18, 2025, for shareholder approval of these proposals.

25173659

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

Globus Spirits , a key player in the spirits industry, has announced significant corporate actions aimed at bolstering its financial position and attracting foreign investment. The company's board has approved an ambitious equity fundraising plan and proposed an increase in foreign portfolio investment limits.

Fundraising Initiative

The board of Globus Spirits has given its approval for raising capital up to ₹500.00 crores through the issuance of equity shares. To execute this plan efficiently, the company has formed a dedicated fund raising committee. This move signals a strategic effort to strengthen the company's financial resources, potentially for expansion, debt reduction, or other corporate purposes.

Proposed Increase in FPI Limit

In addition to the fundraising plan, Globus Spirits has proposed an increase in the Foreign Portfolio Investment (FPI) limit to 20.00%. This decision could potentially broaden the company's investor base and attract more foreign capital.

Key Details of the Announcement

Aspect Details
Fundraising Amount Up to ₹500.00 crores
Method Issuance of equity shares
FPI Limit Proposal Increase to 20.00%
EGM Date December 18, 2025

Next Steps

The company has scheduled an Extraordinary General Meeting (EGM) for December 18, 2025, where these proposals will be put to vote for shareholder approval. This meeting will be crucial in determining the path forward for Globus Spirits' fundraising and foreign investment plans.

The outcomes of these corporate actions could have significant implications for Globus Spirits' financial structure and its appeal to both domestic and international investors. Stakeholders will be keenly watching the developments following the EGM and the execution of the fundraising plan.

Historical Stock Returns for Globus Spirits

1 Day5 Days1 Month6 Months1 Year5 Years
-1.91%-3.19%+3.03%+6.22%+41.53%+267.08%
Globus Spirits
View in Depthredirect
like18
dislike

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
scanx
Reviewed by
Ashish TScanX News Team
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.

24982994

*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

1 Day5 Days1 Month6 Months1 Year5 Years
-1.91%-3.19%+3.03%+6.22%+41.53%+267.08%
Globus Spirits
View in Depthredirect
like18
dislike
More News on Globus Spirits
Explore Other Articles
1,148.60
-22.40
(-1.91%)