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3i Infotech Limited ( (IN:3IINFOLTD) ) has shared an announcement.
3i Infotech Limited announced the successful completion of its Rights Issue, resulting in the allotment of 3,77,08,165 fully paid-up equity shares at an issue price of ₹17 per share, raising a total of ₹64.10 crores. This oversubscribed offering increased the company’s paid-up equity share capital significantly, enhancing its financial position and potentially strengthening its market presence.
More about 3i Infotech Limited
3i Infotech Limited operates in the information technology industry, providing a range of IT services and solutions. The company focuses on offering software products and IT services to various sectors, including banking, financial services, insurance, and government organizations.
Average Trading Volume: 72,538
Technical Sentiment Signal: Sell
Current Market Cap: 4.16B INR
See more data about 3IINFOLTD stock on TipRanks’ Stock Analysis page.