E2E Networks Launches QIP Issue, Floor Price Set at ₹2,630.60 Per Share

• E2E Networks Ltd announced the launch of a Qualified Institutional Placement (QIP) of equity shares.
• The floor price for the QIP is set at ₹2,630.60 per equity share, with a potential 5% discount.
• The company's Fund Raise Committee approved the placement document and opened the issue on February 25.
• E2E Networks clarified its existing relationship with Nvidia for cloud and AI infrastructure, denying new agreements.
• Shares of E2E Networks Ltd closed at ₹2560.60, up 4.90% on the NSE.