MUMBAI: Software firm ICSA India Ltd. said on Thursday it planned to raise up to $24 million through various means including overseas and domestic equity or debt issuances.
The company's board had also decided to allot 0.35 million fully convertible warrants to Goldman Sachs International, each warrant being convertible into one equity share within a period of 18 months, it said in a statement.
This would constitute 5.3 per cent of ICSA's outstanding equity.
Shares of ICSA were up 2 per cent at Rs 963.10 in the Mumbai market.
© Reuters
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