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Globus Spirits Seeks Rs 500 Crore Fundraise and Higher FPI Cap at Extraordinary Meeting

Story Highlights
  • Globus Spirits convened an extraordinary general meeting via video conferencing to conduct shareholder business and e-voting.
  • Shareholders considered fund-raising of up to Rs 500 crore and doubling foreign portfolio investor limits to 20 percent.
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Globus Spirits Seeks Rs 500 Crore Fundraise and Higher FPI Cap at Extraordinary Meeting

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Globus Spirits Limited ( (IN:GLOBUSSPR) ) has issued an update.

Globus Spirits Limited held its first extraordinary general meeting for the 2025-26 financial year on 18 December 2025 via video conferencing, where all procedural formalities, including quorum verification and electronic voting arrangements for shareholders, were duly completed. Shareholders considered two key special resolutions: authorising the company to raise up to Rs 500 crore through qualified institutional placements, private offerings or other permissible instruments, and doubling the investment limit for foreign portfolio investors from 10% to 20%, measures that collectively signal an intention to broaden the investor base and secure additional growth capital, with final voting results to be announced after scrutiny and disclosure on the company’s website and to the exchanges.

More about Globus Spirits Limited

Globus Spirits Limited operates in the alcoholic beverages industry, focusing on the production and sale of spirits. The company’s securities are listed on the National Stock Exchange of India and BSE, and it engages with a broad base of institutional and retail investors, including foreign portfolio investors.

Average Trading Volume: 10,641

Technical Sentiment Signal: Sell

Current Market Cap: 28.34B INR

See more insights into GLOBUSSPR stock on TipRanks’ Stock Analysis page.

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