Corporate News     27-May-21
Onward Technologies raises Rs 70 crore from funds advised by Convergent Finance
Onward Technologies in its board meeting held on 27 May 2021 has considered and approved the raising of funds of Rs 70.2 crore from funds advised by Convergent Finance LLP.

Structured as a subscription to equity shares and warrants priced in accordance with applicable SEBI regulations, the investment will aggregate up to Rs 70.2 crore will result in an approximately 24.78% ownership stake on a fully diluted basis. Customary closing conditions, including shareholder approval, will apply.

Previous News
  Onward Technologies consolidated net profit declines 19.00% in the September 2020 quarter
 ( Results - Announcements 23-Oct-20   15:36 )
  Onward Technologies fixes record date for dividend
 ( Market Beat - Reports 26-Jun-24   10:02 )
  Onward Technologies consolidated net profit rises 58.73% in the September 2019 quarter
 ( Results - Announcements 24-Oct-19   09:45 )
  Onward Technologies allots 3,800 equity shares under ESOP
 ( Corporate News - 06-Dec-23   12:43 )
  Onward Tech appoints Chief Financial Officer
 ( Corporate News - 24-Oct-19   11:25 )
  Onward Technologies standalone net profit declines 56.14% in the December 2016 quarter
 ( Results - Announcements 24-Jan-17   08:08 )
  Onward Technologies to announce Quarterly Result
 ( Corporate News - 15-Jul-19   15:42 )
  Onward Technologies consolidated net profit rises 2435.90% in the June 2021 quarter
 ( Results - Announcements 15-Jul-21   13:20 )
  Onward Technologies consolidated net profit rises 21.95% in the December 2016 quarter
 ( Results - Announcements 24-Jan-17   08:08 )
  Board of Onward Technologies recommends final dividend
 ( Corporate News - 20-May-19   10:33 )
  Onward Technologies announces cessation of director
 ( Corporate News - 27-Apr-17   11:25 )
Other Stories
  Max Estates secures additional FAR for its residential project in Noida
  04-Jul-24   12:19
  Greaves Cotton announces resignation of Chief Communications Officer
  04-Jul-24   12:08
  Board of IDFC recommends Interim Dividend
  04-Jul-24   12:06
  Shyam Metalics & Energy appoints director
  04-Jul-24   11:44
  Amarjothi Spinning Mills reschedules AGM date
  04-Jul-24   10:33
  Prime Capital Market to declare Quarterly Result
  04-Jul-24   10:20
  Yes Bank to hold board meeting
  04-Jul-24   10:20
  Avenue Supermarts schedules board meeting
  04-Jul-24   10:20
  Greencrest Financial Services to table results
  04-Jul-24   10:19
  Indian Renewable Energy Deve. Agency to conduct board meeting
  04-Jul-24   10:19
Back Top