Afcom Holdings Ltd — Important, 06-05-2026: Company Update

Afcom Holdings Limited has successfully completed its Qualified Institutions Placement (QIP), raising ₹199.85 crore. The company allotted 26,30,520 equity shares at ₹759.72 each. These funds will support fleet expansion through aircraft leasing, significantly boosting its operational capacity. The QIP saw strong participation from diverse institutional investors, including several marquee names, reflecting sustained confidence in Afcom's growth strategy for its air cargo and logistics business. This capital infusion strengthens the company's ability to expand its network and enhance service delivery.