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Athena Global Technologies gets nod to raise Rs 125 crore via NCDs

21 Aug 2024 Evaluate

Athena Global Technologies has received approval for proposal of raising funds through issuance of Secured, rated, listed, redeemable, non-convertible debentures (NCDs) aggregating upto Rs 125 crore on a private placement basis, in one or more tranches. The funds raised through this issuance will be utilized towards Refinance/closing of existing debt, Repayment of unsecured loans, Meeting working capital requirements and Transaction-related expenses. The Board of Directors of the company in their meeting held on August 20, 2024 has reviewed and approved the same. 

Athena Global Technologies is a top-notch global provider of software application development, software testing, and digital transformation services.  


Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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