Elcid is paying Rs 33.23 for each Zepto share. It subscribed to 22,55,639 equity shares with a face value Rs 5 each on a fully diluted basis, the filing said.
ReutersZepto logo is seen displayed in this illustration taken May 2, 2022. REUTERS/Dado Ruvic/Illustration
Quick commerce platform Zepto has sold compulsorily convertible preference shares (CCPS) worth Rs 7.5 crore to Elcid Investments, according to an exchange filing by the latter on Tuesday.
Elcid is paying Rs 33.23 for each Zepto share. It subscribed to 22,55,639 equity shares with a…
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