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Suyog Telematics to raise Rs 200 crore through various means

26 Aug 2019 Evaluate

Suyog Telematics has received approval for raising funds up to Rs 200 crore by issue of equity shares or American depository receipts or global depository receipts or foreign currency convertible bonds or other securities/financial instruments convertible into equity shares, whether denominated in Indian Rupee and/or foreign currencies, though a public issue or a private placement. The Board of Directors of the Company at its meeting held on August 24, 2019 has approved the same.

The board has also approved to raise funds up to Rs 200 crore by issue of non-convertible debentures (in form of bonds or otherwise) or bonds, whether denominated in Indian Rupee and/or foreign currencies, though a public issue or a private placement.

Suyog Telematics a company with an objective to undertake implementation of turnkey telecom projects, Operation & Maintenance of transmission equipment with Technical Installation and Commissioning of all types Telecom Equipment’s in new Technology.

Suyog Telematics Share Price

871.90 3.85 (0.44%)
15-Jul-2026 16:59 View Price Chart
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