Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Findi ( (AU:FND) ) has provided an announcement.
Findi Limited has cancelled the extraordinary general meeting scheduled for 31 March 2026, which was to seek shareholder approval for a strategic investment by Nova Global Opportunities Fund in its Indian subsidiary. The company is no longer proceeding with the Nova investment on the previously proposed terms, although discussions for a revised strategic investment may continue in the future.
The decision follows Findi’s recently announced $25 million placement, which has changed its immediate funding and strategic needs. Findi plans to issue a new notice of extraordinary general meeting shortly in connection with this placement, signalling a shift in its capital-raising strategy and potentially its approach to partnering with institutional investors.
The most recent analyst rating on (AU:FND) stock is a Sell with a A$0.66 price target. To see the full list of analyst forecasts on Findi stock, see the AU:FND Stock Forecast page.
More about Findi
Findi Limited is an ASX-listed company operating through its Indian subsidiary, Transaction Solutions International (India) Private Limited. The group focuses on providing transaction and payment solutions in the Indian market, positioning itself to attract strategic and institutional investment to support its growth plans.
Average Trading Volume: 417,429
Technical Sentiment Signal: Sell
Current Market Cap: A$52.68M
See more data about FND stock on TipRanks’ Stock Analysis page.