💨 Abstract

The Company will issue 9,88,00,000 fully paid-up Equity Shares of face value of Rs2 each for cash at a price of Rs5 per Equity Share. The funds raised through the issue will be used to Repay Identified Unsecured Loan of the Company, for Meeting Working Capital Requirements for the Company’s business activities.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖