CE Info Systems Ltd, parent company of MapmyIndia, has announced board approval for an investment of Rs 20 million in Compulsorily Convertible Preference Shares (CCPS). The move reflects the company’s strategy to strengthen its financial structure, support growth initiatives, and enhance shareholder value through long-term capital deployment.
CE Info Systems Ltd has taken a significant step in reinforcing its capital framework with the board’s approval of a Rs 20 million investment in CCPS. The decision aligns with the company’s broader vision of expanding its footprint in digital mapping, geospatial technologies, and allied businesses, while ensuring sustainable growth.
Key highlights from the announcement include
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The board approved an investment of Rs 20 million in CCPS.
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The move is aimed at strengthening capital allocation and supporting strategic initiatives.
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CE Info Systems, known for its MapmyIndia brand, continues to expand in digital mapping and location-based services.
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The investment reflects confidence in long-term growth opportunities in geospatial and technology-driven sectors.
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CCPS issuance provides flexibility in capital structure, balancing equity and debt considerations.
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Analysts view the decision as a positive step toward enhancing shareholder value and supporting innovation.
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The company has consistently reported strong financial performance, with robust revenue growth in FY26.
The investment in CCPS underscores CE Info Systems’ commitment to innovation and expansion in India’s fast-growing digital ecosystem. By leveraging capital efficiently, the company aims to strengthen its market leadership and deliver sustainable returns to stakeholders.
Sources: Economic Times, BSE Filings, Moneycontrol