OnEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ?832 Crore through a Preferential Issue of Securities
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....nEMI Technology Solutions Limited’s Board Approves Fundraise of approximately ?832 Crore through a Preferential Issue of Securities<BR>Corp. Laws / SEBI / IBC<BR>Dated:- 18-9-2026<BR>PTI<BR>Mumbai, September 18, 2026: OnEMI Technology Solutions Limited, the listed parent company of digital lending platform Kissht (BSE: 544754/NSE: KISSHT), today announced that its Board of Directors has approved....
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.... a proposal to raise approximately up to ?832 crore through the issuance of equity shares on a preferential basis to such identified persons as mentioned in Schedule I, subject to the approval of the shareholders and requisite regulatory and statutory approvals. The proposed preferential issuance will be undertaken in accordance with the applicable provisions of the Companies Act, 2013, Chapter....
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.... V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable SEBI regulations and applicable law. Marquee investors, including Axis Mutual Fund, HDFC Mutual Fund, Massachusetts Institute of Technology, White Oak, 360 One, Groww Mutual Fund, Bandhan Mutual Fund, have participated in the proposed preferential issue. The company aims to further strengt....
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....hen its capital position and support its next phase of growth through the fundraise. The 75% of the additional capital raised will be infused in Si Creva Capital Services Private Limited, the wholly owned subsidiary of the Company to provide Kissht with greater financial flexibility to scale its lending business, strengthen its technology and digital capabilities, expand its product offerings, and....
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.... deepen its reach across its target customer segments. The 25% of the fundraise will be used for general corporate purposes which is also expected to support Kissht’s broader growth strategy as the company continues to strengthen its position in India’s rapidly evolving digital financial services ecosystem. Kissht is also targeting multiple credit rating upgrades over the next two year....
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....s, supported by strong capitalisation and continued high-quality credit growth. These upgrades can create a powerful multiplier effect: lowering the cost of borrowing, expanding access to a broader and more diversified pool of capital, and increasing funding capacity. The resulting reduction in funding costs should strengthen margins and profitability, while the larger funding base will allow Kiss....
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....ht to scale lending without compromising its credit discipline. By strengthening its capital adequacy ahead of this rating exercise, the company can position itself as a more resilient, well-capitalised platform capable of sustaining growth through varying credit cycles. About Kissht Kissht, operated by OnEMI Technology Solutions Limited, is a digital lending platform focused on leveragin....
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....g technology and data-led underwriting to provide accessible credit solutions to consumers across India. Schedule I SN Name of the Investor No. of Shares Amount (in ? Cr) 1 Axis Small Cap Fund 34,89,223.00 109.60 2 Axis Flexi Cap Fund 15,47,228.00 48.60 3 Axis Multi Cap Fund 13,30,744.00 41.80 4 Massachusetts Institute of Technology 25,46,878.00 80.00 5 Massachusetts Inst....
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....itute of Tech Basic Retirement Plan 1,59,179.00 5.00 6 238 Plan Associates, LLC 4,77,539.00 15.00 7 360 One Equity Opportunity Fund 6,36,719.00 20.00 8 360 One Equity Opportunity Fund - Series 4 4,77,539.00 15.00 9 High Conviction Fund - Series 1 4,77,539.00 15.00 10 HDFC Banking & Financial Services Fund 22,28,518.00 70.00 11 HDFC Innovation Fund 9,55,079.00 30.00 12 A....
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....shoka WhiteOak ICAV - Ashoka WhiteOak India Opportunities Fund 12,53,700.00 39.38 13 Ashoka WhiteOak ICAV - Ashoka WhiteOak Emerging Markets Equity Fund 10,69,688.00 33.60 14 Ashoka WhiteOak Emerging Markets Trust PLC 64,308.00 2.02 15 Groww Multi Cap Fund 5,85,782.00 18.40 16 Groww Banking & Financial Services Fund 28,652.00 0.90 17 Groww Value Fund 19,101.00 0.60 18 Groww....
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.... Small Cap Fund 3,21,543.00 10.10 19 Bandhan Small Cap Fund 6,11,250.00 19.20 20 Envision India Fund 12,73,439.00 40.00 21 AAA GEMS FUND 9,55,079.00 30.00 22 Citigroup Global Markets Hong Kong Ltd 7,95,899.00 25.00 23 Nippon India Equity Opportunities AIF-Scheme 9 7,95,899.00 25.00 24 Unity Small Finance Bank Ltd. 7,95,899.00 25.00 25 First Bridge India Growth Fund ....
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....6,36,719.00 20.00 26 JAS Advisory Services LLP 6,36,719.00 20.00 27 Laxminarayan Vyapaar Pvt Ltd 4,77,539.00 15.00 28 LC Pharos Multi Strategy Fund VCC - LC Pharos Multi Strategy Fund SF1 4,77,539.00 15.00 29 Pranitya India Opportunities Fund 3,50,195.00 11.00 30 Alchemy Long term Venture Fund, Series 3 3,18,359.00 10.00 31 Insightful Flexicap Fund 3,18,359.00 10.00 32 A....
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....lchemy Emerging Leaders of Tomorrow 1,59,179.00 5.00 33 Anil Shah 1,59,179.00 5.00 34 Ameeta Rajendra Naik 63,671.00 2.00 (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR =============<BR> News - Press release - PIB ....
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