
Corporate Action6 Aug 2026, 07:21 pm
Globus Spirits Closes QIP Issue at ₹840/Share
AI Summary
Globus Spirits Ltd announced the closure of its Qualified Institutional Placement (QIP) issue on August 6, 2026. The Fund Raising Committee approved the closure after receiving application forms and funds in the escrow account from eligible Qualified Institutional Buyers (QIBs). The issue price was fixed at ₹840 per equity share, representing a discount of ₹43.67 (4.94%) on the floor price, in compliance with SEBI ICDR Regulations. The company also approved and adopted the placement document dated August 6, 2026, and finalized confirmation of allocation notes to be sent to the eligible QIBs.
Key Highlights
- QIP issue closed on August 6, 2026.
- Issue price set at ₹840 per equity share.
- Discount of 4.94% applied to the floor price.
- Placement document approved and adopted.
- Allocation notes to be sent to eligible QIBs.
Price Impact
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