HCL Info plans to raise Rs 825 crore



The funds will be raised from issuance of Convertible Warrants not exceeding Rs 325 crore including premium to promoters. In addition to this equity shares or equity linked securities or a combination thereof will be issued in the domestic and/or international offerings and/or Qualified Institutional Placements (QIP) for a value of up to Rs 500 crore, including premium.

The company expects to get the approval of the shareholders in an extra ordinary general meeting.

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