Amber Enterprises Board Approves Fundraise Of Up To ₹25 Billion

Amber Enterprises India Ltd. on Saturday said its board has approved raising up to ₹25 billion by issuing securities, according to a filing with the exchanges.

The company did not provide further details regarding the type of securities, timeline, or the use of proceeds. On Wednesday, Amber had informed that the board would meet on Saturday to consider the fundraising proposal.