CARE Advisory Research And Training Limited announced that it has received INR 44.49995 million in funding from CARE Ratings Limited

On March 31, 2017, CARE Advisory Research And Training Limited closed the transaction. The company allotted 40,45,450 equity shares at a price of INR 10 per share on a preferential basis for gross proceeds of INR 44,499,950. Shares are issued at a premium of INR 1 per share.