Max Financial Services Share: Max Financial Services shares fell in early trade on Friday, March 13, after the company’s board approved a proposal to raise funds up to ₹2,000 crore. This capital raising scheme can be implemented through QIP i.e. Qualified Institutional Placement or other means. The company can raise this capital in one or more tranches by issuing equity-linked securities with face value of Rs 2 each. However, it will be mandatory to obtain necessary regulatory approvals for this process.
Max Financial Services Share: Preparation to raise Rs 2000 crore! Stock prices with multibagger returns fell – Market
