Turtlemint Fintech Solutions544799New investment
Turtlemint to invest up to ₹149.51 crore in 100% arm TIB via rights issue at ₹1,776.27 per share
By ScoutQuest · · 1 min read
- Investment amount
- up to ₹149.51 crore
- Shares subscribed
- 8,41,715 equity shares
- Issue price
- ₹1,776.27 per share (including a premium of ₹1,766.27 per share)
- Target
- Turtlemint Insurance Broking Services Private Limited
- Transaction
- Investment in wholly owned subsidiary by subscription to rights issue (cash cons
Turtlemint to invest up to ₹149.51 crore in 100% arm TIB via rights issue at ₹1,776.27 per share.
Date of incorporation target company TIB
Board meeting approved the investment
Date of occurrence of event
More numbers
- Investment amount₹1,49,51,13,103.05
- Equity shares subscribed in rights issue8,41,715
- Issue price per share₹1,776.27 per share
- Premium per share₹1,766.27 per share
- Paid-up capital post infusion₹ 1,68,31,741
- Turnover FY ended March 31, 2026₹ 10,721.99 Million
- Net worth as at March 31, 2026₹ 1,758.63 Million
- Post-investment shares held1,68,31,741
- Consideration₹1,49,51,13,103.05
Source: BSE · 14 Oct 2026
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