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An announcement from Globus Spirits Limited ( (IN:GLOBUSSPR) ) is now available.
Globus Spirits Limited’s Board of Directors has approved a plan to raise up to Rs. 500 Crores through the issuance of equity shares, utilizing various methods such as qualified institutions placement and private placement. Additionally, the company aims to increase the Foreign Portfolio Investors’ investment limit to 20% of its paid-up equity share capital, subject to shareholder approval at an upcoming Extraordinary General Meeting.
More about Globus Spirits Limited
Globus Spirits Limited operates in the alcoholic beverages industry, focusing on the production and distribution of spirits. The company is known for its diverse range of products, catering to both domestic and international markets.
Average Trading Volume: 12,115
Technical Sentiment Signal: Buy
Current Market Cap: 33.87B INR
Learn more about GLOBUSSPR stock on TipRanks’ Stock Analysis page.