Globus Spirits mulls raising funds via Preferential Issue

08 Jan 2013 Evaluate

Globus Spirits is planning to enhance the capital of the company through Preferential Issue / Private Placement of securities / issuance of Warrants etc. The company held board of directors’ meeting on January 7, for the same.

Back in November, the company received nod for the proposal of raising fund by way of Qualified Institutional Placement (QIP) route at board of directors meeting held on November 09, 2012.

Globus Spirits is engaged in the business of manufacture, marketing and selling of Industrial Alcohol (comprising RS and ENA), CL and IMFL. The company has a well established position in domestic CL segment with significant market share (22%, 17% and 20% share in Rajasthan, Haryana and Delhi respectively).

Globus Spirits Share Price

880.45 -22.65 (-2.51%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
United Spirits 1545.75
United Breweries 2027.15
Radico Khaitan 2483.85
Allied Blenders 386.90
Globus Spirits 880.45
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