Achal Investments Limited announced that it has received INR 67.2 million in funding from Moneytech Financial Services Limited, Mama's Little Donut Pvt. Ltd.

On October 29, 2016, Achal Investments Limited (BSE:538570) closed the transaction. The company issued shares at a price of INR 42 per share for gross proceeds of INR 67,200,000. The shares have a par value of INR 1 and are being issued at a premium of INR 41 per share.