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Globus Spirits to incorporate WOS in Singapore

30 Dec 2013 Evaluate

Globus Spirits has received an approval for incorporation of a wholly owned subsidiary (WOS) of the company in Singapore. The board of directors has approved for the same vide their resolution passed by circulation dated December 28, 2013.

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).

Peers
Company Name CMP
United Spirits 1387.95
United Breweries 1215.80
Radico Khaitan 4393.95
India Glycols 249.05
Allied Blenders&Dist 652.80
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