Globus Spirits Limited
Mahindra Manulife Mutual Fund has slipped off the major shareholder list for Globus Spirits Limited. Previously holding 1.74 percent, Mahindra Manulife Mutual Fund either exited completely or trimmed the position below the 1 percent regulatory reporting 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.
Joint venture between Mahindra Group and Manulife Investment Management of Canada. Manages over Rs 30,000 crore. Focuses on equity and hybrid fund strategies with a quality growth bias inherited from the Manulife global investment framework. Leverages the Mahindra Group's brand and distribution reach for retail investor outreach.