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Camlin Fine Sciences announces closure of QIP issue

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Capital Market
Last Updated : Nov 22 2017 | 11:16 AM IST

Issue price is Rs 87 per share

The QIP Committee of Board of Directors of Camlin Fine Sciences at its meeting held on 22 November 2017 has passed the following resolutions -

Approves the closure of QIP on 22 November 2017.

Approved the issue price of Rs 87 per equity share up on closure of the issue, which is at a discount of Rs 1.26 per equity share to the floor price of Rs 88.26 per share, for equity shares to be allotted to QIBs.

Approved and adopted the placement document dated 22 November 2017 in connection to the QIP.

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First Published: Nov 22 2017 | 10:53 AM IST

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