Sahana System Limited's board approved raising ₹125 Crore through the preferential issuance of 13.16 lakh convertible equity warrants to identified non-promoter investors.
Sahana System approved raising Rs.92.93 Crore via preferential issue of 10,56,000 convertible equity warrants at Rs.880 per warrant to promoters and others.
Sahana System Limited confirmed zero deviation in utilizing ₹5.74 Crore raised via preferential warrants. The funds were fully deployed toward working capital requirements as intended.