Zomato's shareholders have approved the plan to Rs 8,500 crore through a QIP. 99.8% of the shareholders have voted in favour of the fundraise.They have also approved setting up an ESOP trust and giving an interest-free loan to the trust.
Anonymous 4
Stealth • 2m
Raising Rs 8,500 crore through QIP could significantly fuel Zomato’s plans, whether it’s for acquisitions, expanding services, or strengthening its position in the market. It’s all about scaling up
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