ALPHA TRIBE

Globus Spirits LimitedImportant, 04-08-2026: Committee Meeting Updates

04-08-2026 | 09:25 pm

Globus Spirits Limited's Fund Raising Committee has opened a Qualified Institutions Placement (QIP) to issue new equity shares, following prior board and shareholder approvals. The committee approved the preliminary placement document and set the floor price at ₹883.67 per share. The company has flexibility to offer a discount of up to 5% on this floor price. The final issue price will be decided in consultation with its lead manager. This QIP aims to raise capital, enhancing the company's financial strength. A trading window closure is also in effect for designated persons.

No comments yet. Be the first to comment!

All announcements from Globus Spirits Limited