Tag: Panatone Finvest Limited

Tata Sons subsidiary acquires controlling stake in Tejas Networks

Tejas Networks announced that it has executed definitive agreements with Panatone Finvest Limited (Panatone), a subsidiary of Tata Sons Private Limited (TATA), which will entail: a)  Preferential allotment of 1.94 crore equity shares at a price per equity share of INR 258 per share aggregating to INR 500 crore; b)  Preferential allotment of 3.68 crore warrants, each carrying a right…