E2E Networks Limited has announced that its Board of Directors, in a meeting held on September 29, 2025, approved plans to raise funds of up to ₹1,000 crore. The company may raise the capital through a public offering, rights issue, private placement, or a Qualified Institutions Placement (QIP), subject to shareholder approval and regulatory clearances.

The funds may be raised through the issuance of equity shares, convertible securities, or other eligible instruments, either in a single tranche or multiple issuances, as deemed appropriate by the Board or the Fund Raise Committee. The exact type of securities and the method of issuance will be finalized by the company in accordance with applicable laws and regulations.

In addition, the Board approved increasing the company’s authorized share capital from ₹25 crore (divided into 2.5 crore equity shares of ₹10 each) to ₹50 crore (divided into 5 crore equity shares of ₹10 each). This increase will support the upcoming fund-raising exercise.

This strategic move aims to strengthen E2E Networks’ financial position and support its growth initiatives. No preferential, bonus, or depository receipts (ADR/GDR) issues are planned at this stage, and there are no cancellations or terminations of any existing proposals.

TOPICS: E2E Networks