The silver bars have a purity of 99.9%, the company said.
Funds raised from Roots Ventures, Family office of Apar industries and Umesh Sanghvi, HNis and senior professionals from Reckitt, Google, 1BM amongst others.
The company will pay Rs918 crore to make CMDCL its wholly-owned subsidiary.
Sharad Kumar Saxena has vast, i.e. over 30 years of experience in IT, in two large service sectors — Railways and Banking.
Confidence Futuristic Energetech allotted 66 lakh equity shares to the company through preferential allotment.
Record date for dividend is 25 February 2022
The contract could be worth up to Rs2,100 crore. Engagement to employ over 2,000 people in the Work@Home model in the UK.
The Board has also approved the proposal for convening and holding of Extra-Ordinary General Meeting (EGM) of the shareholders of Company.
The expected date of completion of sale/disposal is tentatively by April, 2022.
The Rights Issue which opened on February 07, 2022 was slated to close on February 21, 2022.

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