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Spacenet Enterprises India Ltd

NSE: SPCENET · Software & Services · 28 announcements

Share price
₹3.87
Market cap
₹219.9 Cr
Revenue (annual)
₹194.7 Cr
Net profit (annual)
₹16.07 Cr
P/E (TTM)
8.8×Sector 23.6×
Promoter holding
15.50%-0.02% QoQ
FII holding
1.65%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

17:14 IST NSE
Fund Raise

Spacenet Enterprises India Fund Raise of ₹500 Cr

Spacenet Enterprises approved an enabling proposal to raise up to ₹500 Crore in funds. The Board also appointed a new Chairperson and an Additional Director.

Value
₹500.0 Cr
18:21 IST NSE
Management Change

Spacenet Enterprises India Management Change

Spacenet Enterprises India Limited has appointed Mr. Deenadayal Tripurasetty as a Non-Executive Independent Director for a five-year term effective May 6, 2026. Mr. Tripurasetty brings expertise in corporate governance and strategic management. This appointment aims to strengthen the board's oversight as the company expands into diversified business segments.

Execution
60 months
18:10 IST NSE
Board Meeting Outcome

Spacenet Enterprises India Board Meeting Outcome

Spacenet Enterprises India Limited board approved a ₹200 Crore fund raise via QIP or other instruments. It also recommended increasing authorized share capital to ₹100 Crore and amending the company's object clause to include real estate and renewable energy sectors. Additionally, Mr. Deenadayal Tripurasetty was appointed as an Independent Director.

Value
₹200.0 Cr
21:24 IST NSE
Promoter Selling

Spacenet Enterprises India Promoter Selling

Spacenet Enterprises India Limited announced an Offer for Sale of up to 30,00,000 equity shares in String Metaverse Limited. The sale represents 2.58% of issued capital and is intended to meet Minimum Public Shareholding requirements. The transaction is expected to conclude by April 22, 2026, via the stock exchange mechanism.

Execution
Expected to be completed by 22.04.2026
21:19 IST NSE
Promoter Selling

Spacenet Enterprises India Promoter Selling: ₹25.15 Cr

Spacenet Enterprises India Limited and other promoters are selling up to 38,10,000 shares (3.27% stake) in String Metaverse Limited via an Offer for Sale. The floor price is set at ₹66 per share, totaling approximately ₹25.15 Crore. The sale occurs on April 21-22, 2026, to achieve minimum public shareholding requirements.

Value
₹25.15 Cr
Execution
2 days