Brief: Magellanic Cloud To Raise Additional Capital Upto 1.50 Billion Rupees Via Preferential Issue Of Shares, Warrant
02/02/2023 07:44
Feb 2 (Reuters) - Magellanic Cloud Ltd MAGL.BO :
* TO RAISE ADDITIONAL CAPITAL UPTO 1.50 BILLION RUPEES VIA
PREFERENTIAL ISSUE OF SHARES, WARRANT
* TO MAKE INVESTMENTS IN VENTURES AND DIVERSIFYING THE
BUSINESS OF
THE COMPANY IN THE DRONE BUSINESS
Further company coverage: MAGL.BO
((Reuters.Briefs@thomsonreuters.com;))
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