🚨 PC Jeweller to raise ₹500 Cr via preferential issue

👉🏻 Board approves fundraising of ₹499.99 Cr via private placement
🔹 ₹175 Cr via 9.72 Cr convertible warrants to promoter Balram Garg
🔹 ₹325 Cr via 18.05 Cr equity shares to Capital Ventures Pvt Ltd (non-promoter)
👉🏻 Issue price: ₹18 per share/warrant
👉🏻 Authorised share capital raised to ₹1310 Cr

#PCJeweller #Fundraising #Equity #StockMarket

Kitex Garments

Board approves raising up to ₹3,000 crores via Qualified Institutional Placement (QIP) by issuing equity shares. 💥

#KitexGarments #QIP #Fundraising