IPO-Bound Shadowfax Converts Into A Public Entity

In an EGM on March 6, Shadowfax’s board approved the deletion of the word ‘private’ from its erstwhile name ‘Shadowfax Private Technologies Limited’

The logistics major’s board also approved increasing the startup’s authorised share capital to INR 900 Cr from INR 261.48 Cr earlier

Shadowfax is eyeing a public listing of INR 2,500 Cr to INR 3,000 Cr

As per Shadowfax’s MCA filing, its board of directors, in an extraordinary general meeting (EGM) on March 6, approved the deletion of the word ‘private’ from its…