💨 Abstract

Nettlinx Limited, an internet infrastructure and services company based in Hyderabad, has announced a preferential issue of warrants worth Rs85 crore. The warrants, convertible into equity shares, will be issued to non-promoter investors. The Board of Directors has also decided to convene an Extraordinary General Meeting to seek shareholder approval for the issuance.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖