Synopsis: Exicom Tele-Systems has raised Rs. 259.41 crore through an oversubscribed Rights Issue to reduce debt and expand globally. A small-cap company that is engaged in manufacturing EV chargers and critical power components is in the spotlight after announcing the...
This EV and telecom solutions stock surged over 18% on Wednesday after its board approved a Rs 260 crore rights issue and the conversion of a Rs 283 crore loan into equity in its Netherlands-based subsidiary. With the market capitalization of Rs 2,458 Crores, the...
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