E2E Networks has initiated a Qualified Institutional Placement (QIP) of equity shares.

The company's Fund Raise Committee has approved the preliminary placement document and formally opened the issue.

The floor price for the QIP is established at ₹2,630.60 per equity share.

The company has the discretion to offer a discount of up to 5% on this floor price, with the final issue price to be determined in consultation with its lead manager.

This capital raise represents a strategic move to enhance the company's financial strength or fund future growth initiatives.