Enter any URL or topic, and let our advanced A.I. fact-check the content for you
✅ Yes, the content seems to be true and authentic, as reported by several sources.
These, include:
1. https://techresearchonline.com/news/kaynes-tech-qip-global-expansion/ - (Trust Score 6/10)
- Kaynes Tech announced its plans to raise ₹1,600 crore through a Qualified Institutional Placement (QIP) at ₹5,625.75 per share to fund global expansion and establish a semiconductor assembly and testing facility.
2. https://www.capitalmarket.com/markets/news/hot-pursuit/kaynes-technology-gains-on-launching-qip/1612805 - (Trust Score 7/10)
- The company's board authorized and declared the opening of the issue on June 19, 2025, with a floor price of Rs 5,625.75.
3. https://hdfcsky.com/news/kaynes-technology-qip-floor-price-at-rs-5625-75-per-share - (Trust Score 6/10)
- Kaynes Technology disclosed a floor price of ₹5,625.75 per share for its forthcoming Qualified Institutional Placement (QIP), aiming to raise ₹1,600 crore to fund global expansion and enhance technological capabilities.