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 SharmaScanX 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
-0.11%+4.21%+6.67%+7.93%+46.72%+274.14%
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Globus Spirits Reports Strong Q2 Performance with 78% Revenue Growth and Strategic Beer Segment Entry

2 min read     Updated on 12 Nov 2025, 01:40 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Globus Spirits Limited announced strong Q2 results with consolidated revenue reaching ₹87,704.81 lacs, up 78% year-over-year. Profit after tax increased by 110% to ₹2,954.42 lacs. The company entered the beer segment through a joint venture with ANSAMCAL Limited, investing ₹99.84 lacs. Additionally, 77,409 equity shares were allotted under the Employee Stock Option Plan 2021. A favorable tax ruling for the 2012-2013 assessment year allowed previously disallowed expenses of ₹185.06 lacs. The company is currently addressing ongoing tax assessments totaling ₹5,649.00 lacs for multiple years.

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

Globus Spirits Limited has announced impressive financial results for the quarter ended September 30, 2025, showcasing substantial growth across key metrics.

Financial Highlights

The company reported consolidated revenue from operations of ₹87,704.81 lacs, a significant increase from ₹49,233.60 lacs in the same period last year. This represents a robust 78% year-over-year growth.

Profitability also saw a marked improvement:

  • Profit after tax surged to ₹2,954.42 lacs, up from ₹1,405.17 lacs in the previous year, indicating a 110% increase.

Strategic Developments

Entry into Beer Segment

Globus Spirits has made a strategic move to diversify its portfolio by entering the beer segment. The company invested ₹99.84 lacs in a joint venture with ANSAMCAL Limited, signaling its intent to expand its presence in the alcoholic beverage market.

Employee Stock Option Plan

During the period, the company allotted 77,409 equity shares under its Employee Stock Option Plan 2021. This has resulted in an increase in the company's equity share capital, which now stands at 28,965,734 shares.

Regulatory and Tax Matters

Favorable Tax Ruling

Globus Spirits received a positive outcome in an income tax case for the assessment year 2012-2013. The ruling allowed previously disallowed expenses of ₹185.06 lacs, which is expected to have a positive impact on the company's financials.

Ongoing Tax Assessments

The company continues to navigate through income tax assessment matters totaling ₹5,649.00 lacs for multiple assessment years. Globus Spirits has filed appeals against these assessments, and the outcomes are pending.

Outlook

The strong quarterly performance, coupled with strategic initiatives like the entry into the beer segment, positions Globus Spirits for potential growth in the coming periods. The company's ability to significantly increase its revenue and profitability demonstrates its strong market position and effective business strategies.

Investors and market analysts will likely keep a close watch on how the company leverages its new beer segment joint venture and manages its ongoing tax matters, as these factors could influence future performance and market sentiment.

Globus Spirits' robust Q2 results and strategic moves underscore its commitment to growth and diversification in the competitive alcoholic beverage market.

Historical Stock Returns for Globus Spirits

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%+4.21%+6.67%+7.93%+46.72%+274.14%
Globus Spirits
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