Globus Spirits EGM Approves Fund Raising Up to ₹500 Crore & FPI Limit Increase

Globus Spirits Limited held its Extra-Ordinary General Meeting (EGM) on December 18, 2025, where shareholders approved key resolutions. The meeting, conducted via Video Conference, saw 93 attendees, w...

Globus Spirits Limited held its Extra-Ordinary General Meeting (EGM) on December 18, 2025, where shareholders approved key resolutions. The meeting, conducted via Video Conference, saw 93 attendees, with 6 from the Promoter Group and 87 from the Public. Shareholders overwhelmingly approved the first special resolution to authorize the company to raise funds, in one or more tranches, through the issuance of securities. This includes methods like qualified institutional placements, private offerings, or any other legally permitted means, for an amount not exceeding ₹500 crore. The second special resolution also passed, which pertains to increasing the investment limits for Foreign Portfolio Investors (FPIs) from the current 10% to 20%. The voting results indicate strong support for both resolutions, with E-Voting and Poll mechanisms showing high percentages in favour. The company submitted the Scrutinizer's Report and the EGM Voting Results to the National Stock Exchange of India Limited and The BSE Limited as per SEBI (LODR) Regulations, 2015.

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Why is Globus Spirits Limited in the news today?

Globus Spirits Limited (GLOBUSSPR) is in the news due to the company successfully passed key resolutions related to fundraising and increasing fpi limits, indicating positive shareholder support for strategic initiatives.

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Globus Spirits LimitedGLOBUSSPRhttps://prysm.fi/v2/analyze/GLOBUSSPR

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Globus Spirits EGM Approves Fund Raising Up to ₹500 Crore & FPI Limit Increase

December 18, 2025, 01:07 PM

AI Sentiment Analysis

Globus Spirits Limited held its Extra-Ordinary General Meeting (EGM) on December 18, 2025, where shareholders approved key resolutions. The meeting, conducted via Video Conference, saw 93 attendees, with 6 from the Promoter Group and 87 from the Public.

Shareholders overwhelmingly approved the first special resolution to authorize the company to raise funds, in one or more tranches, through the issuance of securities. This includes methods like qualified institutional placements, private offerings, or any other legally permitted means, for an amount not exceeding ₹500 crore.

The second special resolution also passed, which pertains to increasing the investment limits for Foreign Portfolio Investors (FPIs) from the current 10% to 20%. The voting results indicate strong support for both resolutions, with E-Voting and Poll mechanisms showing high percentages in favour.

The company submitted the Scrutinizer's Report and the EGM Voting Results to the National Stock Exchange of India Limited and The BSE Limited as per SEBI (LODR) Regulations, 2015.

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