Corporate News     26-Oct-23
Board of Affle India approves preferential issue of 69 lakh equity shares
At meeting held on 26 October 2023
The Board of Affle India at its meeting held on 26 October 2023 has approved the issuance of 69 lakh fully paid up equity shares of the Company having face value of Rs. 2/- each (Equity Shares) aggregating to an amount not exceeding Rs. 749.02 crore on preferential basis.

The investor is Gamnat, a step-down subsidiary of the Minister for Finance, Government of Singapore. Post preferential issue, Gamnat will hold 4.92% stake in the company.

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