Anlon Technology Solutions Limited Board Approves Fundraise of Up to ₹50 Crores
Anlon Technology Solutions Limited announced on March 23, 2026, that its Board of Directors has approved a plan to raise funds through the issuance of equity shares or other equity-linked instruments. The total amount approved is up to ₹50 Crores.The company may utilize various methods to raise the capital, including a private placement, Qualified Institutions Placement (QIP), further public issue of equity, or a combination of these options. The price and specific securities to be issued will be determined at a later stage.
According to a disclosure, the board may issue securities for an aggregate amount not exceeding ₹50 Crores or an equivalent amount thereof.
Here's a summary of the proposed fundraise details:
| Sr. No | Particulars | Details |
|---|---|---|
| 1 | Type of securities proposed to be issued (viz. equity shares, convertibles, etc. | The Board of Directors has provided an enabling approval for raising funds not exceeding Rs. 50 crores or an equivalent amount through issuance of Securities. The relevant Security will be decided by the Board at a later stage. |
| 2 | Type of issuance | Issuance may include public issue, private placement, including one or more QIP, or through any other permissible mode and/ or combination thereof. |
| 3 | Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) | The Board has approved raising of funds through issuance of Securities for an aggregate amount not exceeding Rs. 50 Crores or an equivalent amount thereof. |
The Board meeting commenced at 12:30 p.m. and concluded at 5:30 p.m. Mr. Unnikrishnan Nair P M, Managing Director, approved the disclosure.
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