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).
