Brief: Laurus Labs Approves Investment Of 400 Mln Rupees In Laurus Bio

Laurus Labs

06/12/2024 13:01

Dec 6 (Reuters) - Laurus Labs Ltd  LAUL.NS :
    * APPROVED INVESTMENT OF 400 MILLION RUPEES IN LAURUS BIO
    * APPROVED EXECUTION OF AGREEMENTS WITH EIGHT ROADS VENTURES
AND
F-PRIME CAPITAL
    * DEAL WITH EIGHT ROADS VENTURES AND F-PRIME CAPITAL FOR
INVESTMENT OF 1.2 BILLION RUPEES
    * SHAREHOLDING OF INVESTORS AND CO IN UNIT SHALL BE 13.73%
AND
74.64%, RESPECTIVELY
    * CO AND INVESTORS WILL HAVE RIGHT TO INVEST ADDITIONAL UP
TO 350
MILLION RUPEES IN UNIT

Source text:  ID:nNSE3SYffn 
Further company coverage:  LAUL.NS 

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