Globus Spirits' Fund Raising Committee has successfully closed its Qualified Institutional Placement (QIP). The company approved the allotment of 23,80,952 new Equity Shares to eligible institutional buyers.

Each share was issued at a price of ₹840, which includes a premium of ₹830 per share.

Notably, this issue price also incorporates a discount of ₹43.67 per share, representing 4.94% of the floor price.

This capital raise significantly impacts the company's financial structure and potentially its future growth initiatives.