Dhanvarsha Finvest Board of Directors approves Rs 88.65 cr fundraising

At the meeting of March 11, 2022

The Board of Directors of Dhanvarsha Finvest, at its meeting held on March 11, 2022, approved a fundraising in the amount of Rs 88.65 crore through the issuance of 23,01,641 shares at an issue price of Rs 132 per share aggregating Rs 30.38 crore and the issuance of 44, 14,809 convertible warrants at an issue price of Rs 132 per warrant aggregating Rs 58.27 crore to non-promoters on a preferential basis.

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First published: Saturday, March 12, 2022. 1:08 PM IST

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