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Annu Projects Limited secures Rs 5 crores in funding from Chankya Opportunities Fund to fuel strategic growth

VMPL

New Delhi (India), September 6: Annu Projects Limited is pleased to announce the successful raising of Rs. 5 crores in funding from Chankya Opportunities Fund, a SEBI-registered Category II Alternative Investment Fund (AIF), through a preferential issue. This strategic investment underscores the confidence of our investors in the vision and growth potential of the company.

This funding will be essential to driving our strategic initiatives and meeting our working capital requirements, ensuring we continue to deliver high-quality services across our core sectors. Approval for this funding was received from our esteemed members on 2nd August 2024.

As one of the leading service providers, Annu Projects Limited specializes in the design, development and maintenance of critical infrastructure across sectors such as telecommunications, sewage, gas and energy. This investment will enable us to strengthen our market position and drive sustainable growth in these key areas.

We express our gratitude to Chankya Opportunities Fund for the trust shown and look forward to fruitful cooperation.

(ADVERTISING DISCLAIMER: The above press release was provided by VMPL. ANI assumes no responsibility for its content)

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First published: Sep 6, 2024 | 12:00 PM IST