The allotment comprised 50,000 rated, secured, listed, redeemable NCDs, each with a face value of Rs 1,00,000
The funds will be utilized to expand services in the US and UK, while strengthening the MSME network in India, according to Karkhana.io's founder and CEO, Sonam Motwan
Approximately 1.3 crore shares, constituting 1.3% equity, changed hands in the deal, with the buyers and sellers yet to be identified.
It hopes to make global remittance solutions more rapid, dependable, and affordable while also lowering friction.
The company announced the temporary suspension in an exchange filing on January 10 due to the non-availability of iron-ore fines
The company holds exclusive first-to-file status, granting a 180-day exclusivity period for the newly-introduced product
According to the ruling, PepsiCo's renewal application will be reinstated in the Registrar's file and will be handled in compliance with the law.
The investment will be implemented in two phases, with construction expected to commence in the coming months.
Banks and utilities are the main laggards in the current session, while the broader market shows underperformance compared to the benchmarks
The Board and management express appreciation for Callahan's contribution during his tenure with TCS, as mentioned in an exchange filing

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