Prime Industries completes ₹11.86 crore fundraise via preferential issue; Dr. Uday Narang becomes strategic investor
Press Release / Media Release
Key disclosures
- Fundraise of ₹11.86 crore completed via preferential issue.
- Dr. Uday Narang joins as strategic investor, acquiring 10% stake.
- Strategic investor brings defence, aerospace and precision manufacturing exposure.
- Active equity stakes in Kay Bouvet Engineering and Linga Agri support growth.