Motilal Oswal Financial Services acquires preference shares of StockPe

17 Sep 2022 , 01:31 AM

Motilal Oswal Financial Services MOFSL has subscribed 1164 fully paid up Seed Compulsorily Convertible Cumulative Preference Shares CCPS having face value of Rs 10 each of Stockation StockPe for a consideration of Rs 75 lakh constituting 853Percentage of the issued and paid up capital of StockPe in First Tranche out of the total commitment of ~Rs 2 crore Post investment MOFSL will hold 3102 fully paid up Seed CCPS Equity Shares after conversion having face value of Rs 10 each which consist 1990Percentage of total paid up capital of the StockPe