Laser Technologies

Laser and Sheet Metal Processing Solutions Provider Laser Technologies Limited Files DRHP with NSE Emerge

Laser and Sheet Metal Processing Solutions Provider Laser Technologies Limited Files DRHP with NSE Emerge

Navi Mumbai (Maharashtra) [India], October 7: Laser Technologies Limited (“the Company”), an integrated laser and sheet metal processing solutions provider, has filed its Draft Red Herring Prospectus (DRHP) with the EMERGE Platform of National Stock Exchange of India Limited (NSE Emerge) for an initial public offering of up to 1,07,00,000 equity shares of face value ₹5 each. The Issue is entirely a fresh issue of equity shares, with no offer for sale component. The Net Proceeds will be used for: capital expenditure towards setting up of the proposed manufacturing facility at Chakan, Pune, Maharashtra (up to ₹239.82 lakhs) repayment or…
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