Bandhan Mutual Fund increased its stake in Globus Spirits from 1.89% to 2.12%, raising its shareholding to 615,273 shares from 548,290.
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.
Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.
