SPS Finquest Limited announced preferential private placement of 2,500 0.01% compulsorily convertible debentures at a price of INR 100,000 per debenture for gross proceeds of INR 250,000,000 on June 2, 2021. The transaction has been approved by the board of directors of the company.
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- SPS Finquest Limited announced that it expects to receive INR 250 million in funding