Board of Moneyboxx Finance approves preferential allotment of shares


At meeting held on 23 April 2022

The Board of Moneyboxx Finance at its meeting held on 23 April 2022 has approved issuance of up to maximum 22,75,441 equity shares of the Company by way of preferential allotment at price of Rs 115 per share aggregating Rs 26.16 crore.

The Board also approved fund raising up to Rs 200 crore by way of private placement of non-convertible debentures in one or more tranches.




Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact…

Read more…