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

      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.

    • Promoter loan to aid overseas arm listing: Stampede Capital

      Promoter loan to aid overseas arm listing: Stampede Capital

      In an interview to CNBC-TV18, Venkat Meenavalli, Chairman of Stampede Capital says the company's promoters will be providing a loan of USD 5-6 million as a bridge capital and the same will used for the listing of its overseas arm.

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