EMS to consider funds raising on Sep 19

The firm may issue Global Depository Receipts (GDR), American Depository Receipts (ADR), Foreign Currency Convertible Bonds (FCCB) and / or other securities convertible into equity shares, fully convertible debentures, partly convertible debentures, non-convertible debentures with or without warrants and/ or convertible preference shares or any security convertible into equity shares through permissible modes, including but not limited to a public issue, preferential allotment, private placement, including one or more qualified institutions placement (QIP), subject to such regulatory/statutory approvals as may be required and shareholders' approval.

EMS is a multi-disciplinary EPC company, headquartered in Delhi that specializes in providing turnkey services in water and wastewater collection, treatment and disposal.

The company's consolidated net profit surged 63.7% to Rs 37.12 crore on 49.5% jump in revenue from operations to Rs 206.28 crore in Q1 FY25 over Q1 FY24.

Shares of EMS declined 2.33% to currently trade at Rs 775.10 on the BSE.