Priti International attracts Shankar Sharma, Porinju Veliyath's Equity Intelligence Fund, Ashish Chugh & Occulus Capital

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Priti International attracts Shankar Sharma, Porinju Veliyath's Equity Intelligence Fund, Ashish Chugh & Occulus Capital

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Investors including Shankar Sharma, Porinju Veliyath's Equity Intelligence Fund, Emerging Opportunites, Ashish Chugh and Occulus Capital Growth Fund have subscribed to the Priti International issue.

The company has informed the bourses about the meeting of board of directors to be scheduled on June 22, 2022 to consider and approve the fundraising plans through issue of shares or warrants on preferential basis.

Commenting on the development, Ritesh Lohiya, CEO, Priti International Limited said, "We have strong fundamentals with a sound balance sheet, where we always try to create and add more value to our customers and shareholders. It is highly delightful that some of the bigshots of Dalal Street have shown their keen interest in our preferential issue and subscribed to it. We have delivered decent appreciation for the investor's capital and aim to continue to do so in the future as well. Profitability in our books is our key priority."
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