Mumbai, Nov. 11 -- On EMI Technology Solutions Ltd, the parent company of digital lending platform Kissht, has completed a preferential share issue worth Rs 832.20 crore, allotting nearly 2.65 crore equity shares to 34 investors, including prominent mutual funds, financial institutions and international investors.
According to a regulatory filing, the company allotted 2,64,93,882 equity shares at Rs 314.11 per share. The newly issued shares received trading approval from the BSE and NSE on November 8.
Following the allotment, the company's paid-up equity share capital increased from Rs 17.81 crore to Rs 20.46 crore, with the newly allotted shares accounting for approximately 13 per cent of its expanded capital.
Of the 34 investors, 10 we...