Fundraise / allotmentFiled on BSE ·

Urban Company Limited proposes raising up to ₹2,500 crore via securities issuance

Urban Company

What the filing says

  • The company seeks member approval via special resolution to issue equity shares and/or convertible securities up to ₹2,500 crore
  • The issuance may include preferential allotment, private placement, or qualified institutions placement (QIP) in one or more tranches
  • The use of proceeds includes marketing, R&D, office leases, technology and cloud infrastructure, InstaHelp initiatives, acquisitions, and general corporate purposes

Original filing

Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.