SEBI/DDHS/P/144 dated November 26, 2018, regarding the framework for fund raising. borrowings of the Company…
As filed · Updates
CapitalWatchNotablemateriality 63 out of 100
What happened
FactSEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, regarding the framework for fund raising. borrowings of the Company is less than ₹1,000 crore.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- Company is hopeful of maintaining a growth trend in revenue as well as profitability over previous year. (management committed by FY27)
- During the current financial year likely growth in revenue and profitability is expected to be 20-22% more com (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%