Jetking Infotrain Unveils Strategic Moves: Chairman Re-appointment and Rs 115 Crore Fundraising Plan
Jetking Infotrain Limited has approved the re-appointment of Avinash Bharwani as Chairman & Whole-time Director for three years, starting August 11, 2025. The company also plans to raise ₹115 crore through a preferential allotment of 4,60,000 equity shares at ₹250 per share to non-promoter investors. Major investors include Nitish Mittersain and Choksi Capital, each allocated 160,000 shares. Both decisions are subject to shareholder approval.
Jetking Infotrain Ventures into Crypto: Acquires 21 Bitcoins with Preferential Issue Funds
Jetking Infotrain Ltd., an IT training firm, has acquired 21 Bitcoins using Rs. 6.10 crore raised through a preferential issue of equity shares. The average purchase price was Rs. 64.65 lakhs per Bitcoin, while the current trading price is Rs. 92.20 lakhs. At current prices, the investment value has increased to approximately Rs. 19.36 crore. This move represents a diversification of Jetking's investment portfolio, while the company maintains its core focus on IT education and training services.