New Delhi, Nov. 9 -- Penny stock Srestha Finvest is likely to draw investor attention on Monday, November 11, after the company announced it held an extraordinary general meeting (EGM) on Friday, November 8, to approve a special resolution for raising capital through a QIP.

In an exchange filing post-market hours on November 8, the NBFC firm said that the EGM of its shareholders was held on November 8 at its registered office in Chennai.

At the EGM, special resolutions were presented to raise capital through a Qualified Institutions Placement (QIP) to eligible investors by issuing equity shares, issuing fully convertible equity warrants on a preferential basis, and approving an increase in the company's borrowing limits.

On October 9, ...