ALPHA TRIBE

Simplex Infrastructures LimitedImportant, 21-07-2025: General Updates

21-07-2025 | 05:04 pm

Simplex Infrastructures has approved converting 8,65,052 warrants into equity shares, raising approximately ₹25 crore. These shares were issued to Quant Mutual Fund - Infrastructure Fund at ₹289 each, strengthening the company's equity base. This move enhances financial flexibility by bringing in funds from a key institutional investor. The newly issued shares will be listed on stock exchanges, increasing liquidity and the company's overall market float.

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