Elevate Campuses544945New investment
Elevate Campuses to invest USD 6,20,15,000.25 (approx. INR 601 crore) in wholly owned subsidiary Elevate UAE via 59,061,905 OCRPS
- Securities Subscribed
- 59,061,905 additional Class A OCRPS
- Issue Price
- USD 1.05 per OCRPS
- Consideration
- USD 6,20,15,000.25 (approx. INR 601 crore)
- Target
- Elevate UAE Assetco Holdings Pte. Ltd.
- Transaction
- Investment in material wholly owned subsidiary (securities subscription)
Elevate Campuses to invest USD 6,20,15,000.25 (approx. INR 601 crore) in wholly owned subsidiary Elevate UAE via 59,061,905 OCRPS.
Date of incorporation of Elevate UAE
Net worth reference date
Board approval
SSA signed signed at 10.20 a.m.
Also from Elevate Campuses
Elevate Campuses Ltd shareholder buys 2.1806% stake
1 Oct 2026
Authority for Determining Materiality of Events or Information
30 Sep 2026
Fair Disclosure Code for Unpublished Price Sensitive Information
30 Sep 2026
More numbers
- Total consideration (USD)USD 6,20,15,000.25
- Total consideration (INR, approx.)INR 601 crore
- Number of Class A OCRPS subscribed59,061,905
- Issue price per Class A OCRPSUSD 1.05
- Net worth of Elevate UAE (as on March 31, 2026)Rs. 1197,81,76,811
Source: BSE · 8 Oct 2026
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