IPO-Bound Shadowfax Converts Into A Public Entity

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SUMMARY

In an EGM on March 6, Shadowfax’s board approved the deletion of the word ‘private’ from its erstwhile name ‘Shadowfax Private Technologies Limited’

The logistics major’s board also approved increasing the startup’s authorised share capital to INR 900 Cr from INR 261.48 Cr earlier

Shadowfax is eyeing a public listing of INR 2,500 Cr to INR 3,000 Cr

As per Shadowfax’s MCA filing, its board of directors, in an extraordinary general meeting (EGM) on March 6, approved the deletion of the word ‘private’ from its…



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IPO-Bound Shadowfax Converts Into A Public Entity


SUMMARY

In an EGM on March 6, Shadowfax’s board approved the deletion of the word ‘private’ from its erstwhile name ‘Shadowfax Private Technologies Limited’

The logistics major’s board also approved increasing the startup’s authorised share capital to INR 900 Cr from INR 261.48 Cr earlier

Shadowfax is eyeing a public listing of INR 2,500 Cr to INR 3,000 Cr

As per Shadowfax’s MCA filing, its board of directors, in an extraordinary general meeting (EGM) on March 6, approved the deletion of the word ‘private’ from its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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