Netweb Technologies India (NETWEB) — Announcement

📢 Key Event
Committee approved closure of qualified institutional placement and allocation of shares.

🔄 What Changed
Issue closed and shares allocated to qualified institutional buyers.

💡 Investor Takeaway
Shareholders see a completed capital raise at a slight discount, signaling market confidence.

Netweb Technologies India Limited announced the closure of its qualified institutional placement of 2,505,219 equity shares at ₹4,790 per share, approved by the Fund Raising Committee on August 20, 2026, marking the end of the issue that began on August 17, 2026.

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About Netweb Technologies India Limited (NETWEB)

Information Technology · IT - Hardware · Listed on NSE

Market Cap: ₹29,556.77 Cr P/E: 113.1 ROE: 49.1% ROCE: 70.1% Div Yield: 0.06%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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