Investment29 May 2026, 09:37 pm
Shreenath Invest to Invest ₹27.3 Cr in Kenverse CCDs
AI Summary
Shreenath Investment Company Ltd's board approved subscribing to Series Seed Compulsorily Convertible Debentures (CCDs) issued by The Kenverse Private Limited, aggregating up to ₹27,29,98,000. The Kenverse Private Limited is engaged in technology-enabled education solutions. The board meeting was held on May 29, 2026, from 03:30 P.M. to 04:30 P.M.
Key Highlights
- Shreenath Investment to invest ₹27.3 Cr in The Kenverse Private Limited.
- Investment is through Series Seed Compulsorily Convertible Debentures (CCDs).
- The Kenverse Private Limited is in technology-enabled education solutions.
- Investment aims for long-term capital appreciation.
- Board approved the investment on May 29, 2026.
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