Chandrima Mercantiles Limited announced a private private placemen to issue 20,000,000 Convertible Warrants at an issue price of INR 3.75 per warrant for the gross proceeds of INR 75,000,000 on June 27, 2024. The transaction has been approved by shareholders and is subject to general shareholders to be held on July 26, 2024. The transaction will include participation from 18 investors.
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- Chandrima Mercantiles Limited announced that it expects to receive INR 75 million in funding