One Point One Solutions Ltd. Board Approves Fund Raise up to Rs. 304.53 Cr
FIIs such as Forbes EMF, North Star Opportunities Fund VCC, Coes Global Opportunities Fund Ltd. amongst Allotees
Mumbai: One Point One Solutions Ltd. (NSE: ONEPOINT) (1Point1), the country’s leading Business Process Management Solutions company, has announced that the board has approved the issuance and allotment of 3,75,94,502 equity shares and 1,67,85,714 equity warrants to persons belonging to promoter/ non-promoters category at an issue price of INR 56 per equity share and per equity warrant, raising a total of up to INR. 3,04,52,92,072, Subject to approval of the shareholders of the Company and such other regulatory and / or statutory approvals, as and if applicable. The company will seek the approval of shareholders in its EOGM scheduled to be held on July 18.
FIIs such as Forbes EMF, North Star Opportunities Fund VCC, Coes Global Opportunities Fund Ltd. are amongst proposed Allotees.
One Point One Solutions is a full-stack player in BPO, KPO, IT Services, Technology & Transformation and Analytics. The company was incorporated in the year 2006 and offers comprehensive solutions in technology, accounting, skill development and analysis. In 2024, the company acquired a major stake in ITCube Solutions Pvt Ltd., which is an IT +BPM/KPO services company; headquartered in Pune and Cincinnati, Ohio. ITCube is a leading provider of technology solutions specializing in intellectual property protection, AI-driven automation, and business process optimsation. With over two decades of experience, ITCube has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore & Australia serving clients across sectors
NSE Announcement Link:http://www.intellectdesign.com