Logica Infoway Ltd to Consider Fundraising via Preferential Allotment

Logica Infoway Ltd is set to evaluate a fundraising initiative through preferential allotment in its upcoming board meeting. This strategic move aims to raise capital to support the company's growth and operational needs. By issuing equity shares or convertible securities to select investors, Logica Infoway seeks to enhance its financial flexibility and bolster its market position. The decision reflects the company's commitment to expanding its business and improving shareholder value in a competitive landscape.

Source: Economic Times, Business Standard