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The latest update is out from Emkay Global Financial Services Limited ( (IN:EMKAY) ).
Emkay Global Financial Services Limited has received in-principle approval from the National Stock Exchange of India Limited and BSE Limited to issue and allot up to 95,00,000 convertible warrants on a preferential basis. This strategic move is set to raise substantial capital, potentially enhancing the company’s financial position and market competitiveness. The approval is subject to compliance with various regulatory conditions, and the company is advised to strengthen internal controls to ensure adherence to trading regulations, which could impact the listing of the shares.
More about Emkay Global Financial Services Limited
Emkay Global Financial Services Limited operates in the financial services industry, providing a range of financial products and services. The company focuses on investment banking, asset management, and brokerage services, catering to a diverse clientele in the financial market.
Average Trading Volume: 7,867
Technical Sentiment Signal: Strong Buy
Current Market Cap: 8.96B INR
For detailed information about EMKAY stock, go to TipRanks’ Stock Analysis page.