Afcom Holdings Ltd — Important, 05-05-2026: Company Update

Afcom Holdings Limited's Board approved the allotment of 26,30,520 equity shares to Qualified Institutional Buyers via a recently concluded QIP. The shares were issued at Rs. 759.72 each, raising Rs. 199.84 Cr for the company. This capital infusion strengthens the company's financial position, providing funds for future growth or operational needs, and is a key development for shareholders.