Mumbai, Oct. 8 -- Elevate Campuses has executed a securities subscription agreement (SSA) with its material wholly owned subsidiary, Elevate UAE Assetco Holdings (Elevate UAE), for subscription of 59,061,905 Class A Optionally Convertible Redeemable Preference Shares (OCRPS) to be issued by Elevate UAE at an issue price of USD 1.05 per OCRPS aggregating to USD 6,20,15,000.25 (approx. Rs 601 crore).

Published by HT Digital Content Services with permission from Capital Market....