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Compuage Infocom Limited, distributor of Enterprise Solutions, Cloud Computing, IT Consumer and Hardware Services has closed its Rights Issue period with subscriptions amounting to approximately 1.45 times of the Issue Size.
The current market cap of the company is Rs223.85 crore.
New Delhi [India], November 30 (ANI/PNN): Compuage Infocomm Ltd. (BSE CODE: 532456, NSE CODE: COMPINFO), one of India's leading Value-Added Distributors that caters to system integrators, brand stores, enterprises, retailers and more, has offered right issue in the ratio of 8:25. The Company is offering Rights Issue of 2,07,92,258 equity shares of Rs 2 at price of Rs 20. Post issue, the diluted equity will be Rs 17.15 crore The Company will garner Rs 41.58 crore to be put to use for working capital of Rs 31.79 crore and general corporate purpose of Rs 9.00 crore. Renunciation of Rights Ent...
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