Annu Projects Secures ₹5 Crores Investment from Chankya Opportunities Fund

Annu Projects Limited has secured ₹5 Crores from Chankya Opportunities Fund through a preferential issue. This funding will support the company’s strategic initiatives and working capital needs in various infrastructure sectors, fortifying its market position and growth potential.

Annu Projects Limited has successfully raised ₹5 Crores in funding from Chankya Opportunities Fund, a SEBI-registered Category II Alternative Investment Fund, via a preferential issue.

This strategic funding highlights investors' confidence in the company's vision and objectives. The approved funds, secured on August 2, 2024, will be pivotal in driving the company's strategic initiatives and meeting working capital needs.

Annu Projects Limited, a leading service provider, specializes in designing, developing, and maintaining vital infrastructure in sectors including telecommunications, sewerage systems, gas pipelines, and power. The investment bolsters their market position and promises sustained growth in these key areas.

The company expressed gratitude to Chankya Opportunities Fund for their trust and looks forward to a successful partnership.

(With inputs from agencies.)