menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

Metropolit...
source image

HinduBusinessLine

2w

read

191

img
dot

Image Credit: HinduBusinessLine

Metropolitan Stock Exchange to raise ₹1,000 cr via pvt placement

  • Metropolitan Stock Exchange plans to raise ₹1,000 crore through private placement by issuing up to 500 crore equity shares at ₹1 premium per share.
  • The Board of Directors approved amending the Memorandum of Association to increase authorized capital for this purpose.
  • The private placement of shares is contingent on approval by the company's members at an Extra Ordinary General Meeting.
  • The proposed allottees of the shares include several entities like Peak XV Venture Partners Investments VII, Jainam Broking, and many others.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app