The Objects of the Issue are as stated herein below:i. Installation of a Multi-Pressure Distillation Plant to produce quality Extra NeutralAlcohol (ENA) of 35,000 Litres per day from both Molasses and Grain at Behror Unit inRajasthan.ii. Installation of a Multi-Pressure Distillation Plant to produce quality Extra NeutralAlcohol (ENA) of 35,000 Litres per day from Grain at Samalkha Unit in Haryana.iii. Capacity expansion of Total Spirit-based Starch Liquefaction section from 60 KLPD to75 KLPD, with modernization at Behror Unit, Rajasthan.iv. Installation of a High-Pressure Boiler and Back–Pressure Turbine, which would useBiogas and Biomass as fuel
and implementation of Green House Gas Abatementproject at both units.v. Brand development for marketing IMFL brands in 10 more States/Union Territories.vi. Acquisition of Canteen Stores Department (CSD) registered IMFL Brands.vii. Revamping of existing storage/bottling capacity at Samalkha Unit, Haryana andmodernization of Bottling Section at Behror Unit, Rajasthan.viii. To meet the expenses of this Issue.ix. To list the equity shares of Globus Spirits Ltd on the Bombay Stock Exchange Limited(BSE), the Designated Stock Exchange
and National Stock Exchange of India Limited(NSE), which will enhance the Company’s brand name and provide liquidity to itsshareholders.The main Objects Clause, and objects incidental or ancillary to the main objects clause, of theCompany’s Memorandum of Association permits the Company to undertake existing activitiesand activities for which the funds are being raised by the Company, through the present issue.