New Delhi (India), July 3: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007.
This approval solidifies SabPaisa’s position as a leading player in the Indian fintech industry, enabling it to offer comprehensive payment aggregation services to merchants across the country. Since its establishment in 2016, SabPaisa has championed simplifying payments, offering innovative payment gateway solutions and related products such as Payouts and Subscriptions. By prioritizing merchant-friendly solutions and investing in research, product development, and technology, SabPaisa equips businesses with a seamless and consolidated payment experience.
Pathikrit Dasgupta, CEO of SabPaisa remarked, “Securing the final approval from RBI marks a significant milestone for SabPaisa. It underscores our unwavering dedication to excellence and reinforces our aspiration to emerge as a premier fintech entity in India. We are poised to harness this opportunity to deliver unparalleled solutions, ensuring our competitiveness and future resilience.”
Introduced in March 2020, RBI’s payment aggregator framework mandates that only authorized entities can provide payment aggregation services to merchants. This means SabPaisa has now joined the likes of Juspay, Razorpay, Stripe, neo-bank Open and others in receiving the RBI nod for a payment aggregator authorization.
SabPaisa has experienced remarkable growth over the past two financial years, witnessing a 2X increase in revenue and forecasting the same for 2024–25. With headquarters in New Delhi and operational presence across the country, SabPaisa is trusted by thousands of merchants, including major enterprises, banks, and government institutions.
By obtaining this final approval, SabPaisa is poised to advance its goal of delivering a seamless, inclusive, and high-performance payment experience through its comprehensive product suite.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
New Delhi (India), July 2: At CTEX, we hold a firm belief in the transformative power of cryptocurrencies within the financial landscape. Our mission is to provide an inclusive and accessible platform, facilitating seamless entry into the dynamic world of digital assets for both seasoned traders and beginners alike.
Our Offerings
At CTEX, we offer an intuitive and feature-rich trading platform where users can effortlessly buy, sell, and trade a comprehensive range of cryptocurrencies. From established cryptocurrencies like Bitcoin, Ethereum, and Ripple to emerging altcoins, our platform supports a diverse array of digital assets. Furthermore, we equip users with real-time market data, sophisticated charting tools, and comprehensive analytics, enabling informed decision-making amidst the fast-paced crypto landscape.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Alberta (Canada), June 29: CoinChapter, a leading cryptocurrency analysis platform, has released its latest video on its official YouTube channel. The video comprehensively analyzes the top altcoins to watch in June 2024. It covers Ethereum (ETH), TON, Binance Coin (BNB), NEAR Protocol (NEAR), Solana (SOL), Cardano (ADA), Dogecoin (DOGE), XRP, and PI Coin.
The analysis includes:
Detailed price predictions for each altcoin.
In-depth technical analysis and market trends.
Key factors influencing price movements.
Expert insights and future forecasts.
The video aims to provide valuable information to both seasoned investors and newcomers so that they can make informed decisions in the dynamic crypto market. It also accompanies exclusive strategy tips to maximize profits in June 2024. These tips include:
Identifying optimal entry and exit points for trades.
Leveraging market trends and technical indicators.
Diversifying portfolios to minimize risks.
Understanding the impact of macroeconomic factors on cryptocurrency prices.
Implementing risk management strategies to protect investments.
These insights are designed to provide viewers with practical advice and actionable strategies, enhancing their ability to navigate the dynamic crypto market effectively.
CoinChapter is at the forefront of digital asset market analysis, offering detailed and timely insights into the cryptocurrency sector established by Hexbite Labs. Inc. With a focus on catering to a global audience, introducing English and Hindi content marks a significant milestone in our mission to make cryptocurrency analysis accessible to all. Stay tuned for more updates and analyses from CoinChapter.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Ahmedabad (Gujarat) [India], June 24: Rs. 44.87 crore Rights issue of Ahmedabad based Spright Agro Ltd (BSE –531205) engaged in the business of Agriculture, Contact Farming, Greenhouse technology among others will open for subscription on June 24, 2024. The funds raised through the issue will be utilised to fund company’s expansion plans including working capital requirements and general corporate purposes. Right issue of the company are offered at a price of Rs. 13.4 per share as compared to closing share price of Rs. 45.69 per share on 21 June, 2024. Rights Issue will close on 12 July, 2024.
Share in Right issue offered at Rs. 13.4 per share as compared to closing price of Rs. 45.69 per share on 21 June 2024
Spright Agro Ltd
The Company will issue 3,34,84,611 fully paid-up Equity Shares of the face value of Rs. 1 each for cash at a price of Rs. 13.4 per Equity Share (including a premium of Rs. 12.4 per Equity Share) aggregating to Rs. 44.87 crore. The Rights entitlement ratio for the proposed issue is fixed at 1:15 (1 Rights equity shares of face value of Rs. 1 each for every 15 fully-paid equity share held by the equity shareholders on the record date – June 7, 2024). The last date for On-market Renunciation of Rights Entitlements is 8 July, 2024 .
Out of the issue proceeds of Rs. 44.87 crore, company intends to use Rs. 34.15 crore towards working capital requirement and Rs. 10.32 crore towards general corporate purposes.
Founded in 1994, Spright Agro Limited, formerly known as Tine Agro Limited, develops agricultural and forestry operations. The company plants, grows, cultivates, produces and breeds various agricultural and forestry crops, horticultural crops, greenhouses, net houses, medicinal and aromatic plants in owned and/or leased farms and operates as a manufacturer, importer and exporter, wholesaler, retailer and trader of all types of agricultural and other commodities. Company has a presence in 16 states and are associated with over 8000 farmers.
Company has a vision tbe a global leader in the food and agriculture industry, renowned for excellence, sustainability, and social responsibility. We envision a future where everyone has access to safe, healthy, and affordable food, and agriculture drives environmental stewardship and economic development.
Company has reported exceptional operational and financial performance over the years with 3 Year CAGR of over 500% in Revenue and 281% in Net Profit. For FY23-24 ended March 2024, the company has reported Revenue of Rs. 72.59 crore, rise of over 8 fold as compared to the Revenue of Rs. 7.7 crore in FY22-23. Net Profit of the company for the year ended March 2024 was reported at Rs. 11.62 crore, over 10 fold growth from the net profit of Rs. 1.02 crore in the corresponding period last year.
In the month of March 2024 company has issued bonus shares in the ratio of 1:1 and also stock split from Rs. 10 face value to Rs. 1 face value.
Company is committed to global expansion by entering new international markets and establishing strategic partnerships. Through these efforts, we aim to create robust distribution networks that will allow us to bring our high-quality products to a broader audience. By expanding our presence globally, we not only seek to grow our business but also to share our commitment to sustainability, community support, and innovation with new customers and communities around the world. This expansion is designed to promote economic development, enhance food security, and ensure that more people have access to safe, healthy, and affordable food.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Mumbai (Maharashtra) [India], June 22: Hooghly, West Bengal-based Sylvan Plyboard (India) Ltd, manufactures of various wood products such as plywood, blockboard, and flush door etc, is planning to raise up to Rs. 28.05 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge platform of the National Stock Exchange of India Limited. The public issue will open for subscription on June 24, 2024 and close on June 26, 2024. The proceeds of the public issue will be utilized to fund the company’s expansion plans, including capital expenditure towards the purchase of additional plant and machinery, meeting working capital requirements, general corporate purposes, and issue-related expenses. Finshore Management Services Limited is the lead manager of the issue
The Company is planning to issue 51 lakh equity shares of face value of Rs. 10 each at a price of Rs. 55 per share. The shares will be listed on the NSE EMERGE platform of the National Stock Exchange (NSE).
The initial public offering of Rs. 28.05 crore comprises a fresh issue of 51 lakh equity shares of face value of Rs. 10 each at Rs. 55 per share. Out of the issue proceeds, the company will utilize Rs. 3.71 crore for the purchase of additional plant and machinery, Rs. 16.93 crore towards working capital requirements, Rs. 3.10 crore towards issue-related expenses, and Rs. 4.31 crore towards general corporate purposes. The minimum lot size for the application is 2,000 shares, which translates to an investment of Rs. 1,10,000 per application
The retail investor quota for the IPO is kept at 50% of the net offer. The Promoter and Promoter Group holding pre-issue stands at 99.80% and will become 73.53% post-issue.
Established in 2002, Sylvan Plyboard (India) Ltd is engaged in the manufacturing of various engineered wood products across various grades and thicknesses. The company has its roots tracing back more than 70 years, since 1951. The company has 223 authorized dealers present across 13 states. The company’s product range consists of plywood, block board, flush door, veneer, sawn timber, and others. The manufacturing facility of the company is situated in Hooghly, West Bengal. The products are supplied to industries such as shipping, construction, real estate, interior decor, furniture, aviation, education, hospitals, transport, banking, and government projects where plywood is needed for commercial and residential infrastructure.
The company’s products meet the quality standards of the Bureau of Indian Standards (BIS), including IS 303:1989, IS 710:2010, IS 2202:1999, IS 1659:2004, IS 5509:2021, and IS 10701:2012. Additionally, the company has received ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System), and ISO 45001:2018 (Occupational Health & Safety Management System) certifications for manufacturing and supplying veneer, plywood, block board, and flush doors.
For the 9 months of FY23-24 ending in December 2023, the company reported a net profit of Rs. 4.48 crore and total revenue of Rs. 161.93 crore. This is compared to the full 12 months of FY22-23, during which the company reported a net profit of Rs. 3.53 crore and total revenue of Rs. 199.15 crore
As of December 31, 2023, the net worth of the company was reported at Rs. 94.57 crore, reserves & surplus at Rs. 80.29 crore, and the asset base at Rs. 217.26 crore. The Return on Equity (ROE) of the company was 4.9%, Return on Capital Employed (ROCE) was 7.56%, and Return on Net Worth (RONW) was 4.74%. The statement about the company’s shares being listed on NSE’s Emerge platform.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Ahmedabad (Gujarat) [India], June 22:The initial public offering of Durlax Top Surface Ltd, leading company involved in the business of Solid Surface for over a decade received overwhelming response for its Rs. 40.80 crore SME IPO and got subscribed over 160.93 times as per NSE Data on 21 June 2024. Non institutional investor category received the highest interest among investors and was subscribed over 415 times. Retail segment was subscribed over 202 times and Qualified Investor segment was subscribed over 48 times. Company’s shares will be listed on the NSE EMERGE Platform of National Stock Exchange on June 26 2024.
Company’s shares will be listed on the NSE EMERGE Platform of National Stock Exchange on June 26 2024.
Grey Market premium on company’s share is trading around Rs. 68 per share indicating a listing gain of over 100% as per https://www.investorgain.com/ .
The Proceeds of the public issue will be utilised to fund company’s expansion plans including meeting working capital requirements and general corporate purposes. Expert Global Consultants Private Ltd is the book running lead manager of the issue.
Company received bids for over 87 crore equity share aggregating total subscription amount of Rs. 5,924 crore against the 60 lakh shares offered in the public issue. Grey Market premium on company’s share is trading around Rs. 68 per share indicating a listing gain of over 100% as per https://www.investorgain.com/. Expert Global Consultants Private Ltd is the book running lead manager of the issue.
The initial public offering of Rs. 40.80 crore, comprises of a fresh issue of Rs. 28.56 crore (42 lakh equity shares) and offer for sale of Rs. 12.24 crore (18 lakh shares) of face value Rs. 10 each. Company has finalized price band of Rs. 65-68 per equity share for the public issue. Out of the fresh issue of Rs. 28.56 crore, company plans to utilize Rs. 17.50 crore towards part finance the working capital requirements and Rs. 6 crore towards general corporate purpose.
Mr. Shravan Suthar, Chairman and Managing Director, Durlax Top Surface Ltd, said “We extend our heartfelt gratitude to our investors for their trust and confidence in the company and its management. With the steadfast support of all our stakeholders, we are confident in our ability to implement our growth strategy effectively, generating exponential value for everyone involved.”
Source: NSE
Established in 2010, Durlax Top Surface Ltd manufactures solid surface materials. The company has two brands, namely LUXOR and ASPIRON. The LUXOR brand offers acrylic UV solid sheets while ASPIRON offers modified solid sheets. Both brands offer seamless designs, antibacterial and fire-retardant properties, ensuring a comprehensive range of high-quality solid sheets. The products are used in residential, commercial, hospitality, healthcare, outdoor and various other industries, providing stylish and durable solutions for countertops, vanities, offices, retail spaces, hotels, hospitals, outdoor projects and more. The company’s manufacturing facility is located in Vapi, Gujarat. Company also exports to 19 countries. Company’s manufacturing facility has been certified to conform to ISO 9001:2015 and ISO 14001:2015.
Business Highlights:-
Company has reported excellent operational and financial performance over years. The Company has witnessed a multi-fold growth in revenue and profitability over the years. For FY23-24 ended March, company has reported net profit of Rs. 5.05 crore (Y-o-Y growth of 141%) and revenue of Rs. 90.84 crore (Y-o-Y growth of 141%) as compared to profitability and revenue of Rs. 2.09 crore and Rs. 66.84 crore in FY22-23.
As on March 2024, Net Worth of the company was reported at Rs. 21.84 crore, Reserves & Surplus at Rs. 9.42 crore and Asset base of Rs. 105.53 crore. As on March 2024, ROE of the company was 26.20%, ROCE at 20.20% and RONW at 23.12%. Shares of the company will be listed on NSE’s Emerge platform.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Bengaluru (Karnataka) [India], June 20: At just 18 years old, Aditya Agrawal and Rishabh Bhargav founded Plutus—a fintech startup that has caught the attention of global investment powerhouses, including ones in the top 100. What started as a passion project in high school emerged as a potentially revolutionary force in quantitative finance.
Today, Plutus’ board consists of veteran personalities, and it runs under the guidance of its vastly experienced members.
From Precocious Beginners to Preeminent Innovators
Aditya and Rishabh have been driven by an intense fascination with investing and technology from a remarkably young age. While still in the intensive International Baccalaureate program, the two prodigies began developing proprietary algorithms to identify lucrative investment opportunities systematically.
“The inefficiencies and lack of data-driven rigour in most investment strategies just didn’t make sense to us,” explained Aditya Agrawal. “We wanted to use advanced technologies like AI to bring a higher level of analytical discipline to portfolio management.”
Their collective hard work paid off with the models developed by Plutus. These products consistently beat market returns while considerably minimising risk, regardless of global investment levels and market volatility.
5 Reasons Why Plutus is Soaring Higher
Here are five significant factors that propelled the fintech firm forward:
Quantitative Investing Prowess: Plutus provides tailored quantitative investment management solutions for elite firms like hedge funds and family offices. The proprietary models account for nearly 300 variables and trillions of simulations across four major factor classes and thousands of data points, enabling early-stage opportunity recognition—in a fraction of the time taken by current-day analysts and techniques.
Global Market Coverage: With a single, sophisticated platform, the fintech firm ensures consistent coverage across 20+ global markets and major asset classes through highly automated processes.
Risk Management Capabilities: Besides identifying lucrative investment opportunities, Plutus actively works to maximise returns while minimising significant drawdown risks. It continuously monitors recommendations and instantly alerts clients to emerging exit risks, allowing for real-time mitigation.
Cost-Effective Data: Plutus’ technology empowers financial institutions to make investment processes significantly more efficient by radically reducing data acquisition costs. Clients get access to Plutus’ vast, premium financial datasets through seamless integration.
Alpha Generation: Since its inception, Plutus has consistently generated market-beating returns for clients across geographies and asset classes through its fine-tuned analytical models and technologies. Such quantitative methods have been vetted by various investment professionals, including those at elite banks and funds.
While their performance metrics are undeniably impressive, the founders have also earned respect from technological and finance titans for their pioneering approach. Microsoft, Google, and the Cambridge Centre for International Research have all recognised Plutus’ innovative use of AI and deep learning models. As quantitative investing strategies grow throughout the globe, Plutus’ radical capabilities could be a game-changer.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Mumbai (Maharashtra) [Indai], June 20: Board of directors of DJ Mediaprint & Logistics Ltd, a leading provider of Integrated Printing, Logistics and Courier solutions in India and overseas has approved a 2:1 bonus issue. The company board also approved issuance of increase the authorized share capital from Rs. 15 crore to Rs. 50 crore, subject to approval of shareholders.
Company reported highest Revenue and Profit for FY 24; Revenue in FY24 rise 12.83% Y-o-Y to Rs. 57.04 crore; Net Profit rise 51% Y-o-Y in FY24 to Rs. 5.04 crore
The board of directors in the meeting held on 18 June 2024, approved issue of Bonus Shares by way of capitalization of free reserves and share premium, to the equity shareholders of the company in the ratio of 2: 1 (2 new fully paid-up Equity Shares of Rs. 10 each for every 1 existing fully paid-up Equity Share of Rs. 10 each held by the eligible shareholders as on the Record Date (to be determined by the Board) subject to the approval of the shareholders of the company.
Post issue of the bonus shares, share capital of the company will increase to Rs. 32,48,35,200 (3,24,83,520 equity shares of Rs. 10 each) from Rs. 10,82,78,400 (1,08,27,840 equity shares of Rs. 10 each). The bonus shares will be credited to the shareholders account Within 2 months from the date of Board approval i.e.by August 18, 2024.
Mr. Dinesh Kotian, Managing Director, DJ Mediaprint & Logistics Ltd said, “”We are very pleased to announce a 2:1 bonus for our shareholders. The company continues its strong growth trajectory, driven by new orders and brisk business from existing clients. We recently secured an order from the Navi Mumbai Police Department for scanning and document management solutions, along with a Rs 6 crore order for printing, dispatch, and bulk scanning services. Additionally, we bolstered our logistics business with 8 new trailers. With India’s GDP growth expected to exceed 7% in FY ’25, DJML is well-prepared to support the nation with robust supply chain, express distribution, and logistics solutions.”
The board of directors also approved the increase in the Authorized Share Capital of the Company from existing Rs. 15 crore divided into 1.5 crore equity shares of Rs. 10 each to Rs. 50 crore divided into 5 crore equity shares of Rs. 10 each. The share capital increase is thereby consequent alteration to the Memorandum of Association of the Company and subject to approval of shareholders. Additionally, board also considered and recommended a final dividend of Rs. 0.20 (2%) per equity share of Rs. 10 each for the financial year ended 31st March, 2024, subject to approval of the shareholders at the ensuing 15th Annual General Meeting (AGM) of the Company which is scheduled on 13 July 2024.
Company generated highest annual revenues of Rs 57.04 crore in 2023-24 – growing by 12.83% as compared to the previous year. Net Profit for 2023-24 stood at Rs 5.04 crore, higher by 51% Y-o-Y than Rs. 3.33 crore in FY23. EBITDA margins too has been growing consistently over the last 3 years buoyed by operational efficiencies in DJML businesses. The company continues with its strong growth trajectory of the past on the back of new orders signed during the year and brisk business from the existing clientele.
Established in 1991 DJ Mediaprint & Logistics Ltd today is a company listed on the main board of Bombay Stock Exchange Limited and National Stock Exchange Limited. Company is a leading provider of Integrated Printing including Security Printing (IBA approved Security Printers), Logistics and Courier solutions in India and overseas with an extraordinarily networked transport operations. As an indication of commitment to its business practices and quality output, the company is awarded an ISO 9001: 2015, ISO 270001, CMMI Level 3 certified.
Company’s current infrastructure encompasses an assemblage of more than 30 types of machines for offset and digital printing as well as for other print-related work. All the operations from design to dispatch of printed material are done under one roof in an area of more than 32,000 sq. feet. The company has branch offices at New Delhi, Kolkata, Bhubaneshwar, Lucknow, Chandigarh, Ahmedabad, Baroda, Goa, Bangalore, Mysore, Udupi & Puducherry. Company has more than 2,50,000 sq ft., of dedicated storage space and has Record Management centers at multiple locations equipped with RMS/DMS software, secure logistics arrangements, online access of RMS application for its clients, electronic and manned surveillance, restricted authorized access, VESDA smoke detectors, fire suspension etc.
About DJ Mediaprint & Logistics Limited
DJ Mediaprint & Logistics Ltd., is a leading provider of Integrated Printing, Logistics and Courier solutions in India and overseas with an extraordinarily networked transport operations, pre-eminent quality standards and leading processes and operations. It also provides Bulk Mailing, Speed Post, Records Management, Manpower Supply, RTO Management, Bulk Scanning, Moving and other services.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
Mumbai (Maharashtra) [India], June 20:Appreciate, a SEBI and IFSCA registered fintech company, unveils Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally with exposure to US markets. Goals’ constituent ETFs invest in globally reputed US companies along with US treasury offerings, helping the Indian investor target long-term growth along with capital preservation.
Designed on the same lines as a SIP, Goals channels investors’ contributions into a specially designed ETF basket seamlessly and without subscription, fixed remittance fee or withdrawal fee. In backtesting, Goals delivered high annualised returns by deploying a smart combination of equities, treasuries, gold, real estate funds as well as leveraging currency appreciation to its advantage.
Goals 3-year Sharpe ratio — a metric used to measure returns on an investment adjusting for its risk — surpasses the average Sharpe ratio of the 50 top Indian mutual funds (with AUMs of over ₹1,000 crore).
The average Sharpe ratio of Goals standing at 2.93 towers over these Indian mutual funds’ Sharpe ratio of 1.68. This makes the Goals Sharpe ratio 1.73 times higher than that of these Indian mutual funds. The elevated Sharpe ratio indicates that on a risk-adjusted basis, Goals delivers superior returns compared to mutual funds in India.
At the portfolio returns level, Goals returns categorically outpace the returns of many mutual funds. Including currency appreciation, Goals delivered 24.14% returns in the 1-year period, 9.49% in the last 3-year period, and 14.96% in the last 5-year period.
Goals is powered by Appreciate’s proprietary AI algorithms which offer smooth and friction-free tracking of capital growth with reminders and tools to increase savings every year. The AI-powered offering automatically rebalances portfolios at phased intervals after gauging volatility levels and overall portfolio performance. A brief questionnaire also helps the AI assess the investor’s risk appetite. Prospective investment suggestions are calibrated to suit the individual’s life goals and risk tolerance. Meanwhile, the SIP fosters a disciplined approach to investing, helping the investor build wealth over the long run.
“Goals opens up the gateway for millions of tech-savvy Indian investors looking to invest in the US markets. Before Appreciate arrived, investors looking to diversify their portfolio with exposure to US equities and treasuries were at a disadvantage as platforms offering low-cost and hassle-free access to the US markets were truly lacking in the Indian ecosystem. With the launch of Goals, Indian investors can benefit from SIP contributions which will compound wealth by averaging during different market outlooks” Subho Moulik, Founder and CEO of Appreciate said.
Appreciate Goals Performance (As of April ‘24)
Appreciate Goals Sharpe ratio vs Indian mutual funds:
The Appreciate platform provides a user-friendly interface, granting investors access to a comprehensive suite of financial tools, personalized investment recommendations, and expert insights. Appreciate’s AI-recommendations engine helps customers identify the right investments for them, based on key technical indicators and research made available on the Appreciate platform, at the click of a button.
Appreciate’s future offerings will extend beyond U.S. stocks, ETFs, and bonds to Indian mutual funds, Indian stocks, rupee fixed deposits, and other domestic financial investment products. The company plans to rapidly accelerate its domestic product offerings over the course of the year 2024, to fulfil its vision of being the financial destination for one billion Indians to achieve their financial goals.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
New Delhi [India], June 17: In recent financial news, Delhi-based tech giant, Transline Technologies Limited has raised an investment through private placement of shares where it was seen that many major investors took part.
Names like Ramesh Damani, Sanjay Kaul, Green Portfolio, TSG Global, Globe Capital and other major investors were seen in their private placement. This news comes right after bagging multiple award of contracts from the government and private clients of big magnitude.
Transline Technologies Limited is a company mainly working in Security Surveillance systems, IT Infrastructure, Software Solutions and other related industry works. They have major clients like The Indian Railways, TCIL, Indian Oil Corporation and many other giants.
Mr. Arun Gupta, Managing Director of Transline Technologies Limited said, “We are thrilled to have such experienced names of the industry join hands with us and show us their love and support. It truly is a reflection of reward of our hard work over the years. We are truly thankful to our investors for putting their trust in us.”
Support of Industry Titans for Transline Technologies Limited could prove to be a game changer in the time to come.
If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
