StockWatch
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Breweries & Distilleries
Board Meeting4 Aug 2026, 09:30 pm

Globus Spirits Opens QIP Issue with Floor Price of ₹883.67

AI Summary

Globus Spirits Limited's Fund Raising Committee has authorized the opening of a Qualified Institutions Placement (QIP) issue on August 4, 2026. The committee approved the preliminary placement document and application form, setting a floor price of ₹883.67 per equity share, based on SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price. The trading window for designated persons has been closed from August 4, 2026, until 48 hours after the issue price determination.

Key Highlights

  • Globus Spirits opens Qualified Institutions Placement (QIP) issue.
  • Floor price set at ₹883.67 per equity share.
  • Potential discount of up to 5% on the floor price.
  • Trading window closed for designated persons.
  • Fund Raising Committee approved preliminary placement documents.