Globus Spirits invests 10,000 AED in arm

Globus Spirits invested 10,000 AED in its wholly owned subsidiary on Monday (February 9, 2015) towards initial subscription money required to establish the entity. The company had formed a wholly owned subsidiary - Globus Trade Bay Ltd - in the offshore zone of the Emirate of Ras Al Khaimah, UAE. Shares of Globus Spirits edged down 0.33 per cent at ₹59.60 on the NSE.