Corporate News     06-May-21
Magma Fincorp allots 49.37 cr equity shares to raise Rs 3456 cr
Magma Fincorp has allotted 49,37,14,286 Equity shares of face value Rs. 2 each of the Company at an issue price of Rs. 70/- per equity share aggregating to Rs. 3456 crore by way of preferential allotment to Rising Sun Holdings, Sanjay Chamria and Mayank Poddar.
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