Mukul Agarwal, Vikas Khemani Invest Rs 96.3 Cr in Capacit'e Infraprojects
Capacit'e Infraprojects announced its plan to raise Rs 96.30 crores through a preferential issue of equity shares, subject to shareholders approval. The funds raised will be utilized to support the Company's long-term working capital requirements. Capacit'e Infraprojects Limited has secured proposed investments from esteemed investors, including Param Value Investments, Vikas Khemani, and Capri Global Holding Private Limited. These reputable investors have demonstrated their confidence in Capacite's growth potential and strategic vision. The breakdown of the proposed investment is as follows: Param Value Investments - INR 50.15 crores. Vikas Khemani - INR 24.99 crores. Capri Global Holding Private Limited - INR 5.1 crores. Others - INR 16.06 crores Rohit Katyal, Executive Director & CFO of Capacit'e Infraprojects Limited, commented, stating, "We are delighted to have secured these funds through the preferential issue of equity shares, subject to shareholders approval. This fundraising initiative not only enhances our financial flexibility but also affirms our position as a leading player in the construction industry. The raised capital will be strategically utilized to fuel our future growth and fortify our operational capabilities, allowing us to deliver exceptional value to our clients and stakeholders.” Capacite Infraprojects' successful fundraising initiative exemplifies its ability to attract key investors and secure vital financial resources. The Company remains dedicated to its mission of delivering excellence in construction services and achieving sustainable success further consolidating its position as a leading player in the construction industry. Marathon Capital Advisors acted as the sole financial advisors to the Company.
Tags : Capacit'e Infraprojects announce plans equity shares shareholders approval funds company capital Param Value Investments Vikas Khemani Capri Global Holding Private Limited Rohit Katyal Executive Director & CFO of Capacit'e Infraprojects Limited