PayUMoney: PayU Bags INR 1,013 Cr Via Rights Issue From Parent Prosus

SUMMARY The board of PayU issued 13 Cr equity shares of face value of INR 10 each at a premium of INR 67.96 per share to raise the sum from MIH Payments Holdings BV MIH Payments Holdings BV is the investment arm of the Naspers Group, which holds a 73.27% controlling stake in Prosus The [...]