Globus Spirits Holds EGM, Approves Fund Raise Up to ₹500 Crore

Globus Spirits Limited held its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-26 on December 18, 2025. The meeting commenced at 12:00 PM and concluded at 1:44 PM, conducted via Video Conferenci...

Globus Spirits Limited held its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-26 on December 18, 2025. The meeting commenced at 12:00 PM and concluded at 1:44 PM, conducted via Video Conferencing (VC) / other Audio Visual Means (OAVM). During the EGM, two special resolutions were discussed and voted upon. The first resolution sought approval for raising funds, in one or more tranches, through qualified institutions placement(s), private offerings, or any combination thereof, up to an amount not exceeding ₹500 crores. The second resolution was for increasing the investment limits for Foreign Portfolio Investors (FPIs) from the current 10% to 20%. The company provided remote e-voting facilities to its members, which concluded on December 17, 2025, and also offered live e-voting during the EGM. CS Sundeep Kumar Parashar served as the Scrutinizer for both remote and live e-voting. Shareholders raised queries which were addressed by the Joint Managing Director. The results of the voting will be declared and posted on the company's website upon receipt of the Scrutinizer's report.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Globus Spirits Limited in the news today?

Globus Spirits Limited (GLOBUSSPR) is in the news due to the company successfully passed resolutions for significant fund raising and increasing fpi limits, which are generally positive for business growth and liquidity.

EGMEquity FundraisingMajor Shareholder Disclosures
Globus Spirits LimitedGLOBUSSPRhttps://prysm.fi/v2/analyze/GLOBUSSPR

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Globus Spirits Holds EGM, Approves Fund Raise Up to ₹500 Crore

December 18, 2025, 08:31 AM

AI Sentiment Analysis

Globus Spirits Limited held its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-26 on December 18, 2025. The meeting commenced at 12:00 PM and concluded at 1:44 PM, conducted via Video Conferencing (VC) / other Audio Visual Means (OAVM).

During the EGM, two special resolutions were discussed and voted upon. The first resolution sought approval for raising funds, in one or more tranches, through qualified institutions placement(s), private offerings, or any combination thereof, up to an amount not exceeding ₹500 crores. The second resolution was for increasing the investment limits for Foreign Portfolio Investors (FPIs) from the current 10% to 20%.

The company provided remote e-voting facilities to its members, which concluded on December 17, 2025, and also offered live e-voting during the EGM. CS Sundeep Kumar Parashar served as the Scrutinizer for both remote and live e-voting. Shareholders raised queries which were addressed by the Joint Managing Director. The results of the voting will be declared and posted on the company's website upon receipt of the Scrutinizer's report.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained - “Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

Top Queries to Ask About Globus Spirits Limited

More News on Globus Spirits Limited

Discover more trending news on Prysm

View All