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5Paisa Capital Shares Hit Upper Circuit On Fundraising Plan

5Paisa Capital Shares Hit Upper Circuit On Fundraising Plan Apr 15 2021, 11:00 AM April 15 2021, 11:00 AM April 15 2021, 11:00 AM Shares of 5paisa Capital Ltd. hit an upper circuit after the discount broker’s board approved a fundraising plan.The company will raise Rs 250.8 crore through preferential issue, according to an exchange filing. Equity shares and warrants will be issued at a price of Rs 500 apiece, a premium of over 70% to Tuesday’s closing.The equity shares will be allotted to a set of marquee investors, while promoters and promoter group will be al. Shares of 5paisa Capital Ltd. hit an upper circuit after the discount broker’s board approved a fundraising plan.

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