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

A Afcom Holdings Limited's board has approved a Qualified Institutional Placement, allotting 2,630,520 Equity Shares to eligible institutional buyers. The issue price was set at Rs. 759.72 per share, including a premium, against a floor price of Rs. 799.62 per share. This initiative raised Rs. 199.84 Crores for the company. Notable allottees included Abakkus Emerging Opportunities Fund-1 (21.52% of shares offered) and Bandhan Small Cap Fund (18.43%), among others, indicating broad institutional interest in the capital raise.