{"id":867524,"date":"2024-10-18T08:31:05","date_gmt":"2024-10-18T03:01:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867524"},"modified":"2024-10-18T08:52:33","modified_gmt":"2024-10-18T03:22:33","slug":"zomato-board-to-consider-raising-funds-via-qip-ahead-of-q2-results","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/18\/zomato-board-to-consider-raising-funds-via-qip-ahead-of-q2-results\/","title":{"rendered":"Zomato board to consider raising funds via QIP ahead of Q2 results"},"content":{"rendered":"<p>Food delivery major Zomato\u2019s board of directors will consider raising funds through a qualified institutions placement (QIP) on October 22, the company said in a regulatory filing on Thursday. <\/p>\n<p>However, the company did not disclose the quantum of funding it is looking to raise. <\/p>\n<p>\u201c\u2026this is to inform that a meeting of the board of directors of the company is scheduled to be held on Tuesday, October 22, 2024, inter-alia, to consider and approve raising of funds by issuance of equity shares by way of qualified institutions placement, as may be permitted under applicable laws, subject to such regulatory\/statutory approvals, including the notice for the postal ballot for obtaining the shareholders\u2019 approval in this regard,\u201d the filing stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food delivery major Zomato\u2019s board of directors will consider raising funds through a qualified institutions placement (QIP) on October 22, the company said in a regulatory filing on Thursday. However, the company did not disclose the quantum of funding it is looking to raise. \u201c\u2026this is to inform that a meeting of the board of directors of the company is scheduled to be held on Tuesday, October 22, 2024, inter-alia, to consider and approve raising of funds by issuance of equity shares by way of qualified institutions placement, as may be permitted under applicable laws, subject to such regulatory\/statutory approvals, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-867524","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867524"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867524\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}