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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