business

Stampede Capital to raise $40 mn, will reduce promoter stake

Stampede Capital, a non-bank liquidity solution provider, has approved fund raising via various options. It intends to raise capital up to USD 40 million and will issue 5 crore equity share warrants in the company. This will take the total authorised share capital of the company from Rs 34 crore to Rs 45 crore.

first published: Feb 21, 2017 12:53 pm