Madhusudan Kela's stake rises to over 3% in this SME stock after the conversion of warrants into equities. Details here
Published on 01/07/2025 11:57 AM
Ace investor Madhusudan Kela's stake rose to more than 3 per cent in SME stock Vinyas Innovative Technologies after the conversion of warrants into equities.
Vinyas Innovative Technologies, which is part of Nifty SME Emerge, said in an exchange filing on June 30 that the company's board of directors had approved raising of funds up to ₹150.04 crore by preferential issue of fully convertible 13,64,000 warrants at a price of ₹1,100.
(This is a developing story. Please check back for fresh updates.)
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