My Money Securities Limited announced that it expects to receive INR 42 million in funding from Camco Commodities Pvt Ltd, My Money Technologies Private Limited, Yukti Securities Private Limited, and other investors

My Money Securities Limited (BSE:538862) announced a private placement of common shares for gross proceeds of INR 42,000,000 on August 20, 2021. The company will issue securities on a preferential basis. The transaction will include participation from Camco Commodities Pvt Ltd for INR 4,800,000, My Money Technologies Private Limited for INR 4,800,000, Yukti Securities Private Limited for INR 6,000,000, Mehak Infracon (P) Limited for INR 9,600,000, IT&T Services (P) Limited for INR 1,200,000, Sanjai Seth for INR 10,080,000, and Vikas Seth for INR 4,800,000. The transaction has been approved by the board of directors of the company.