Capri Global Capital Limited — Important, 12-06-2025: Disclosure of material issue
12-06-2025 | 09:10 pm
12-06-2025 | 09:10 pm
Capri Global Capital has announced a board meeting on June 12, 2025. The QIP Committee approved the closure of a QIP issue at ₹146.50 per share, about 4.8% below the floor price, allotting 13.65 crore shares to institutional investors.
This capital raise will dilute equity but is aimed at strengthening the balance sheet and supporting growth plans. The company has finalized the placement document and will refund any excess applications. Investors should watch for improved financial flexibility to back future expansion.
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