C2C Advanced Systems Limited — Important, 28-07-2025: General Updates
28-07-2025 | 02:12 pm
28-07-2025 | 02:12 pm
C2C Advanced Systems has clarified details of its preferential issue, stating proceeds will fund capital expenditure including IT infrastructure and office equipment. The company anticipates receiving up to Rs 96.58 Cr from equity and warrant allotment upon listing approval. An additional Rs 46.88 Cr is expected over 18 months as warrants are exercised. This issue will dilute promoter holding from 41.35% to 36.01%, assuming full warrant conversion. Overall share capital will increase to 1.91 crore shares from 1.66 crore shares.
No comments yet. Be the first to comment!
