L.T. Elevator Limited reported zero deviation in the utilization of ₹39.37 Crore raised through its IPO. The funds are being deployed for working capital and subsidiary investment.
L.T. Elevator Limited approved a ₹50 Crore fund raise via preferential issuance of equity shares and warrants. The move aims to strengthen the company's capital base.
L.T. Elevator's board approved raising up to ₹50 Crore through various securities. This enabling resolution provides flexible capital for future growth and operations.