Regulatory30 Oct 2026, 04:42 pm
Globus Spirits: QIP Fund Utilization Report for Q2 FY27 Filed
AI Summary
Globus Spirits Ltd has filed its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of funds raised through a Qualified Institutional Placement (QIP) issue. The report, prepared by CARE Ratings Limited, confirms that there were no deviations from the stated objects of the issue. The company raised Rs. 200 crore through the QIP. The report indicates that the utilization of funds is in line with the placement document, with no material deviations observed. The company's Audit Committee and Board of Directors have reviewed and approved the report.
Key Highlights
- QIP fund utilization report for Q2 FY27 filed.
- No deviations from QIP objects reported.
- Rs. 200 crore raised via QIP is being utilized as planned.
- Report reviewed and approved by Audit Committee and Board.
Price Impact
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