Globus Spirits to raise ₹500 crores in equity fundraise

Globus Spirits Limited's board of directors, meeting on November 20, 2025, approved a plan to raise up to ₹500 crores through the issuance of equity shares. This fundraising may be executed in one or more tranches via various methods, including qualified institutional placements, preferential allotments, or private placements, subject to regulatory and shareholder approvals.

To facilitate this, the board also constituted a "Fund Raising Committee" and proposed enhancing the Foreign Portfolio Investors' (FPIs) investment limit to 20% of the paid-up equity share capital, pending shareholder approval. An Extraordinary General Meeting (EGM) is scheduled for Thursday, December 18, 2025, to seek shareholder approval for these resolutions.

The company will submit the EGM notice to the stock exchanges in compliance with SEBI Listing Regulations.