Globus Spirits Calls EGM to Approve ₹500 Crore Fund Raising and Increase FPI Investment Limits

1 min read     Updated on 20 Nov 2025, 02:10 PM
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Overview

Globus Spirits has announced plans to raise up to ₹500 crores through various methods including qualified institutional placements and private offerings. The company also proposes to increase its Foreign Portfolio Investment (FPI) limit from 10% to 20% of paid-up equity share capital. These proposals will be put to vote at an Extraordinary General Meeting scheduled for December 18, 2025.

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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 has scheduled an Extraordinary General Meeting (EGM) to seek shareholder approval for its equity fundraising plan and a proposed increase in foreign portfolio investment limits.

Fundraising Initiative

Globus Spirits is seeking shareholder approval to raise capital up to ₹500.00 crores through various modes including qualified institutional placements, private offerings, or other permitted methods. This move signals an effort to strengthen the company's financial resources.

Proposed Increase in FPI Limit

In addition to the fundraising plan, Globus Spirits has proposed an increase in the Foreign Portfolio Investment (FPI) limit from the current 10.00% to 20.00% of paid-up equity share capital. This decision aims to widen the company's investor base and attract more foreign investments.

Key Details of the Announcement

Aspect Details
Fundraising Amount Up to ₹500.00 crores
Method Various modes including QIP, private offerings, etc.
Current FPI Limit 10.00%
Proposed FPI Limit 20.00%
EGM Date December 18, 2025

Next Steps

The Extraordinary General Meeting (EGM) scheduled for December 18, 2025, will be crucial in determining the path forward for Globus Spirits' fundraising and foreign investment plans. Shareholders will vote on these proposals during the meeting.

The outcomes of these corporate actions could have implications for Globus Spirits' financial structure and its appeal to both domestic and international investors.

Historical Stock Returns for Globus Spirits

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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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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.

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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
+0.53%-0.64%-17.71%-2.08%+8.78%+191.91%
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