Raymond | The firm will raise up to ₹214.71 crore through a preferential issue of 33,28,686 convertible warrants to Minerva Ventures Fund, according to a regulatory filing on Tuesday.
The warrants will be issued at ₹645 each, with each warrant carrying the right to subscribe to one equity share at the same price.
The fundraise, approved by the board on September 8, is subject to shareholder and regulatory approvals.
Raymond | The firm will raise up to ₹214.71 crore through a preferential issue of 33,28,686 convertible warrants to Minerva Ventures Fund, according to a regulatory filing on Tuesday. The warrants will be issued at ₹645 each, with each warrant carrying the right to subscribe to one equity share at the same price. The fundraise, approved by the board on September 8, is subject to shareholder and regulatory approvals.
