Press "Enter" to skip to content

Small-Cap Stock Under ₹ 50 in Focus after Fundraise Move Via Foreign Currency Bonds

Small-Cap Stock Blue Cloud Softech Solutions will be on Focus on Monday’s Session Folling a Fundraise Move Through Foreign Bonds by the Board. Blue Cloud Softech Solutions Limited Board of Directors Has Green-Lit Several Important Strategic Initiatives, which are now subject to appoval by sharehole Meeting.

WhatsApp Group Join Now
Telegram Group Join Now

The Board has approved a strategy to raise as much as usd 50 million through the issue of foreign currency convertible bonds, pending both regulatory and sharehlder clearance.

One Key Resolution Entails Raising The Company’s Authorized Share Capital From 63,00,00,000 to 80,00,00,000, Structured Into 80,00,000 Equity Shares at Re 1 Each. This increase in capital is intended to support the company’s growth ambitions.

In addition, the board has also given the go-ahead for an investment limit of up to 1,300 Crore for Investments in Both Domestic and International Entities. This limit, surpassing the requirements outlined in Section 186 of the Companies Act, 2013, was unanimously approved to enable signature investments.

Moreover, The Board has unanimously agreed to a preference allotment of 32,00,00,000 equity shares in a share swap arrection to access anyway

This tactical acquisition, Worth 752.32 Crore, will result in Blue Cloud Softech Solutions Distributing 5 Shares for Every Share of Ais Anywhere, Effectively Converting Ais Anywhere into a full-ovised subsidiri.

The takeover of ais Anywahere, a Worldwide Technology Solutions Company Located in New Jersey Specializing in Ai, Data Analytics, Cybersecurity, IOT, IOT, and Enterprise SuLates, IS and EntiCipate Significantly Strengthen Blue Cloud’s Foothead in the US Market.

Company Details

Blue Cloud Softech Solutions, Based in Hyderabad, Telangana, is a leading provider of aiot-based solutions focused on ai-enhanced healthcare and technology products. With a strong dedication to innovation, BCSSL Enables Both Businesses and Communities by Offering State-Of-the-to-the-the-the-to-the-the-the-the-to-the-a-the-the-the-a-the-the-a-the-the-a-the-the-read

Since April 6, 2016, Blue Cloud Softech Solutions have executed a split of its face value two times. The most recent SPLIT Occurred in 2025, Reducing the face value of its shares from 2 to re 1. According to trendlyne.com, the share started trading on an ex-split basis from January 20, 2025.

On Friday, Blue Cloud Softech Solutions Share Price Ended 2% Higher At 20.09 apiece on the bse.

Disclaimer: The views and recommendations about individual analysts, experts and broking companies, not of mint. We Advise Investors to Check With Certified Experts Before Making Any Investment Decision.

Source link

More from FinanceMore posts in Finance »

Be First to Comment

Leave a Reply