Accord Synergy Fund Raise of ₹1.69 Cr
Accord Synergy allotted 4,00,000 equity shares at ₹42.35 each to Dr. Faruk Patel on a preferential basis, raising ₹1.69 Crore. The funds will strengthen the company's capital base.
- Value
- ₹1.69 Cr
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Accord Synergy allotted 4,00,000 equity shares at ₹42.35 each to Dr. Faruk Patel on a preferential basis, raising ₹1.69 Crore. The funds will strengthen the company's capital base.
Accord Synergy Limited issued a correction and valuation report addendum for its proposed preferential issue. These clerical updates maintain the original terms while ensuring regulatory compliance.
Accord Synergy Limited approved a preferential allotment of 4,00,000 equity shares to Dr. Faruk Patel at ₹42.35 per share. The issue will raise approximately ₹1.69 Crore, increasing the paid-up share capital to ₹3.87 Crore. Following the allotment and a separate share purchase, Dr. Patel will hold a 42.61% stake.