Edserv Softsystems today said it has completed Rs 130 crore fund raising exercise for pan India expansion.
The company has approved the issue of equity warrants worth Rs 10 crore to Dainik Jagran, Edserv said in a filing to the BSE.
"With the approval today of the issue of equity warrants to Dainik Jagran, we completed the originally announced Rs 130 crore fund raising plan for the business expansion," Edserv Chairman and CEO S Giridharan said.
Edserv scrip was trading at Rs 196 on the BSE, up by 2.70 per cent from the previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app