Sakthi Finance has raised Rs 25 crore through the allotment of 1,47,05,882 equity shares, face value of Rs 10 each on preferential basis at Rs 17 per equity share, which includes a premium of Rs 7 per equity share.
Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased from 50,00,00,000 to 64,70,58,820.
Sakthi Finance provides a wide variety of loans for cars, commercial vehicles, plant machinery and equipment are available and it is one of the first companies to introduce used vehicle financing.
