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Xpro India Ltd raises INR 125 Crores in equity resources upon conversion of warrants issued to the Malabar India Fund Ltd

Xpro India Ltd raises INR 125 Crores in equity resources upon conversion of warrants issued to the Malabar India Fund Ltd
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Stocks in news: Bharti Airtel, Future Retail, Adani Ports, Thermax and more

Stocks in news: Bharti Airtel, Larsen & Toubro, GAIL India, Future Retail, Adani Ports, Coal India, Thermax and more

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Malabar India Fund Ltd to invest in XPRO India Ltd

XPRO India Ltd has entered into a Securities Subscription Agreement (SSA), with Malabar India Fund Limited, a category I Foreign Portfolio Investor for subscription of securities (Warrants) of the Company.

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Shilpa Medicare raises over Rs. 297 crore from marquee investors

Shilpa Medicare raises over Rs. 297 crore from marquee investors
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Ixigo raises $53M led by Singapore's sovereign wealth fund


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Online travel app
Ixigo has raised $53 million from investors led by Gamnat, an investment firm
managed by Singapore sovereign wealth fund GIC Private Limited, according to
filings with India’s Ministry of Corporate Affairs.
The round also has
participation from Bay Capital Holdings Limited, IE Venture Fund, India Acorn Fund
Limited, Malabar India Fund Limited and others. 
Launched in 2007, Ixigo
is an online travel agency that offers bookings of flights, hotels, trains and
buses. In February, Ixigo acquired Confirmtkt, an Indian online train discovery
and booking platform.
The company says prior to the pandemic, more than 25
million people took train trips every day in India, making it an

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Board of HLE Glascoat approves allotment of securities to FPI


At meeting held on 10 December 2020The Board of HLE Glascoat at its meeting held on 10 December 2020 has , approved the allotment of
1,44,404 Equity Shares, 2,69,638 Series A Warrants Convertible into Equity Shares and, 1,g2,455
Series B Warrants Convertible into Equity Shares to Malabar India Fund Limited, a category I
Foreign Portfolio Investor and 1,15,523 Series A Warrants Convertible into Equity Shares to
Malabar Value Fund - Scheme launched under Malabar investment Trust (SEBI registered AIF
category III trust) at a price of Rs.1,385 on preferential basis in accordance with SEBI (Issue of
Capital Disclosure Requirements) Regulations, 2009.
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