Globus Spirits Limited
Massachusetts Institute Of Technology raised its stake in Globus Spirits from 4.45% to 8.66% by acquiring 14,30,230 shares via a Qualified Institutional Placement, crossing the 5% disclosure threshold.
A vertically integrated spirits manufacturer engaged in producing Indian Made Indian Liquor, Indian Made Foreign Liquor, bulk alcohol, and hand sanitizer through franchise bottling operations. Established in 1992, the company operates across the entire alcohol value chain from grain distillery to branded products and distribution. It was the first to establish a grain distillery and launch branded DDGS in India, differentiating itself through comprehensive supply chain integration.
Listed equity holdings of MIT's endowment, managed by MIT Investment Management Company (MITIMCo). Endowment manages over USD 23 billion.