Wired for Growth: Nibe Limited Plugs in ₹249.85 Cr via Preferential Allotment

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Nibe Limited’s Board has approved a preferential allotment of equity shares and convertible warrants worth ₹249.85 crore. The issuance will fund future expansion and strengthen the company’s capital position. Promoters and institutional investors, including Eminence Global Fund and Venus Investments, will participate subject to shareholder and regulatory approvals.