• Market Capitalisation Recalibrated to Approximately INR 680 Crore ($79 Million)

Mumbai, India : Lytus Technologies Holdings PTV Ltd. (OTCMKTS: LYTHF) today announces the successful completion of a transformative financing and equity initiative designed to support long-term strategic objectives, enhance executive and employee alignment, and boost operational flexibility.

Key Highlights:

  • INR 132 Crore ($15.4 Million) Capital Infusion: On July 7, the Company completed an unregistered private placement of 965 million shares under Regulation S, raising INR 132 Crore ($15.44 million) without intermediary fees, enhancing liquidity and supporting working capital and expansion plans.
  • Strategic Institutional Investors on Board: The raise reflects strong confidence from institutional investors aligned with Lytus’s long-term vision, strengthening the shareholder base and unlocking further capital and partnership opportunities.
  • Market Capitalisation Recalibrated to Approximately INR 680 Crore ($79 Million): Post-issuance, Lytus’s outstanding shares total ~4.945 billion, placing its market cap at approximately INR 680 Crore ($79 million), underscoring scale evolution and investor backing.
  • Performance-Linked Leadership Incentives: On July 3, 3.8 billion restricted shares were allocated to the Lytus Trust, overseen by CEO Dharmesh Pandya, for performance-based grants, aligning leadership and employee interests with long-term value.
  • Enhancement of Financial Flexibility: The capital realignment equips Lytus to scale global operations, invest in AI, healthtech, telemedicine and content streaming, and pursue strategic M&A opportunities.

“This financing milestone marks a significant evolution in Lytus’s ability to execute our roadmap, scaling operations, and rewarding those who drive our success. The participation of strategic institutional investors is a strong endorsement of our long-term vision and growth potential. With fresh capital, high-calibre partners, and a leadership team fully aligned through performance-based incentives, Lytus is now exceptionally positioned to deepen its market presence, deliver innovation, and unlock sustainable shareholder value,” said Dharmesh Pandya, CEO of Lytus Technologies.