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The Board of Directors of [Company Name] has approved a capital raise of ₹2,000 crores to support the company’s long-term strategic growth initiatives and strengthen its balance sheet. This decision was taken at the board meeting held on [insert date].

The capital will be raised through a combination of equity and/or debt instruments including, but not limited to:

  • Qualified Institutional Placement (QIP)

  • Rights issue

  • Preferential allotment

  • Foreign Currency Convertible Bonds (FCCBs)

  • Non-Convertible Debentures (NCDs) with or without warrants

  • Other permissible methods under applicable laws

The fundraising is subject to regulatory approvals, shareholder consent (where required), and market conditions.

Purpose of the Capital Raise:

  • Enhancing working capital

  • Expanding operational capacity

  • Reducing existing debt

  • Investing in new business opportunities and technology

Speaking on the occasion, [Name], [Designation], said:
“This capital raise marks a significant milestone for us as we gear up for the next phase of growth and value creation for all stakeholders.”

The company remains committed to maintaining transparency and will inform stakeholders of further developments in due course.

Access Bank Offshore

Access Bank Offshore

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