Shareholding11 Aug 2026, 10:37 am
Globus Spirits: MIT & 238 Plan Cross 5% Shareholding Threshold
AI Summary
Globus Spirits Limited has disclosed that Massachusetts Institute of Technology (MIT) and 238 Plan Associates LLC (238 Plan) have collectively crossed the 5% shareholding threshold, triggering a disclosure under SEBI's Takeover Regulations. This increase is due to the allotment of 10,44,295 equity shares to MIT and 385,935 to 238 Plan on August 6, 2026, via a Qualified Institutions Placement. Following this, their combined holding stands at 8.66% of the total equity share capital.
Key Highlights
- MIT and 238 Plan's combined shareholding in Globus Spirits now exceeds 5%.
- Acquisition occurred via Qualified Institutions Placement on August 6, 2026.
- Total post-acquisition holding by MIT and 238 Plan is 8.66%.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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