ALPHA TRIBE

Globus Spirits LimitedOthers, 25-07-2025: Shareholders meeting

25-07-2025 | 06:07 pm

Globus Spirits will hold its 32nd Annual General Meeting to approve audited financial statements for FY25. The company's sales reached **C3,519.33 Cr**, but profit after tax significantly declined to **C21.92 Cr**, primarily due to high input costs. Shareholders will vote on a dividend of Re. 2.76 per equity share and the re-appointment of Director Sh. Shekhar Swarup. The agenda also includes appointing Mr. Amitabh Singh and Mr. Rajesh Kumar Malik as Executive Directors, with proposed monthly basic salaries of **C0.04 Cr** and **C0.03 Cr** respectively. An Employee Stock Option Plan for up to 2,89,500 options and the ratification of the Cost Auditor's remuneration of **C0.008 Cr** are also up for approval. Management anticipates improved operating efficiencies and profits from productivity gains and increased capacity utilization.

No comments yet. Be the first to comment!

All announcements from Globus Spirits Limited