Kissht parent raises ₹832.2 crore via preferential issue
In short
Kissht parent OnEMI Technology Solutions completed a ₹832.20 crore preferential issue on November 11. It allotted shares to 24 new investors.
This adds fresh money to the company and brings new names onto its cap table.
What the reporting says
Kissht parent OnEMI Technology Solutions completed a ₹832.20 crore preferential issue on November 11, allotting shares to 24 new investors. The fresh capital is reflected in the updated cap table.
Why it matters
On November 11, Kissht parent OnEMI Technology Solutions completed a ₹832.20 crore preferential issue and allotted shares to 24 new investors. The update points to a major capital raise for the company and a widened investor base.