StartupsINVESTApproved
OnEMI board approved up to ₹832 crore preferential share issue for Kissht parent
Location not reported17 Sept 2026
OnEMI Technology Solutions’ board approved a proposal to raise up to ₹832 crore via a preferential issue, according to a stock-exchange filing. The company plans to issue up to 26.49 million equity shares at ₹314.11 each to 34 non-promoter investors, subject to shareholder and other statutory/regulatory approvals, with shareholder approval to be sought at an EGM on 2026-10-14.
Why it matters
If completed, the preferential issue would add committed growth capital for the listed digital lending company, potentially supporting expansion of its lending operations.
OnEMI Technology SolutionsKissht