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LIKHITHA — Likhitha Infrastructure News Story

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India's Likhitha Infrastructure rises on fundraise approval

BUZZ-India's Likhitha Infrastructure rises on fundraise approval

** Shares of India's Likhitha Infrastructure LIKI.NS jump as much as ~5%, last up 1.03% to 258 rupees

** Co's board approves raising up to 600 million rupees ($6.33 million) through preferential issue of 2.5 million convertible warrants at 240 rupees apiece

** Warrants are convertible into one equity share each and can be exercised over 18 months, co says

** Trading volumes at 103,030 shares vs 30-day average volumes of 43,559 shares

** YTD stock up 35.01%

($1 = 94.8375 Indian rupees)


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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