Cyber Media (India) Limited — Important, 06-08-2025: Updates
06-08-2025 | 12:35 pm
06-08-2025 | 12:35 pm
Cyber Media (India) is undertaking a Rights Issue, offering shares at ₹15.80 each to raise ₹9.90 Cr. The net proceeds of ₹9.61 Cr. will fund working capital, convert ₹3.80 Cr. of promoter loans to equity, and for general corporate purposes. This capital infusion is crucial as the company reported a ₹9.74 Cr. loss in the last fiscal year, impacted by a 14.8% revenue decline and an ₹8.91 Cr. exceptional settlement. With total borrowings at ₹12.18 Cr. and past negative cash flows, the issue aims to bolster finances. Operating in B2B technology media, digital business accounts for 86% of revenue.
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