The issue price is nearly at a 50% premium to yesterday's closing price of Rs 94.70 on the BSE.
Consequent to the issue and allotment of the equity shares, the paid up equity share capital of the company shall stand increased to Rs 706.26 million comprising of 70.63 million shares of Rs 10 each.
In the intraday deal, the stock opened at Rs 99.80 and made a high of Rs 102.95. Around 50,000 shares were traded in BSE.
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