Karnika Industries Fund Raise of ₹47.99 Cr
Karnika Industries Limited issued a corrigendum for a preferential issue of 39,66,860 convertible warrants to raise approximately ₹47.99 Crore. Warrants are priced at ₹121 each and are convertible into equity shares within 18 months. The proceeds will fund working capital and general corporate purposes.
- Value
- ₹47.99 Cr
- Execution
- 18 months