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Board of Affle India approves fund raising up to Rs 1080 cr

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Capital Market

At meeting held on 27 February 2021

The Board of Affle India at its meeting held on 27 February 2021 has approved the proposal of raising of funds by way of further issue of securities including warrants and bonds (whether convertible or non-convertible) or any combination thereof through a preferential issue and/or Qualified Institutions Placements by the Company (QIP) or through any other permissible mode or any combination thereof, for an aggregate amount not exceeding Rs 1080 crores, subject to applicable laws and necessary shareholder / regulatory approvals, as applicable.

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First Published: Feb 27 2021 | 11:37 AM IST

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