Globus Spirits Share Price in Focus After Board Approves Fund Raising Plan Worth ₹500 Crore

Globus Spirits Ltd. announced that its Board of Directors, in a meeting held on November 20, 2025, approved a plan to raise funds by issuing equity shares of face value ₹10 each. The total funds to be raised are up to ₹500 crore, which may include premium over the face value.  

The issuance could take place in one or more tranches through qualified institutional placements, preferential allotments, private placements, or any combination permitted by law and subject to regulatory approvals and shareholder consent. 

Fund Raising and Committee Formation 

To manage the fund-raising process, the Board has constituted a Fund-Raising Committee responsible for overseeing all matters related to the proposed equity issuance. This committee will ensure compliance with applicable regulations and coordinate the execution of the plan efficiently. 

Enhancement of Foreign Investment Limit 

Alongside the equity issuance, the Board proposed increasing the aggregate Foreign Portfolio Investors (FPIs) investment limit to 20% of the paid-up equity share capital. This enhancement is subject to approval by shareholders at the upcoming Extraordinary General Meeting (EGM) scheduled for December 18, 2025. 

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Extraordinary General Meeting (EGM) 

The notice for the EGM, where shareholders will vote on the proposed resolutions, will be submitted to stock exchanges and made available on the company website at www.globusspirits.com. The EGM will enable shareholder approval for the fund raising plan, formation of the committee, and the proposed FPI limit enhancement. 

Equity Issuance Details 

The proposed equity shares will be issued via qualified institutional placements under Chapter VI of SEBI ICDR Regulations. The total securities will not exceed ₹500 crore and may be issued at prices permitted by law.  

Other forms of issuance, such as bonus shares, ADR/GDR, debt securities, or non-convertible instruments, are not applicable in this case. No cancellations or terminations of the proposal have been reported. 

Globus Spirits Share Price Performance 

As of November 20, 2025, at 2:16 PM, Globus Spirits share price was trading at ₹1,166.00 down by 0.43% from the previous closing price. 

Conclusion 

Globus Spirits’ Board has approved a comprehensive fund-raising initiative of up to ₹500 crore through equity issuance, formation of a dedicated Fund Raising Committee, and enhancement of FPI limits. Shareholder approval will be sought at the EGM on December 18, 2025, to proceed with the proposed actions. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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