Approves allotment of 8.72 cr equity shares at issue price of Rs 68.75
HFCL announced the closure of its QIP issue today, 09 December 2021. The company has determined and approved the allocation of 8,72,72,727 equity shares at an issue price of Rs 68.75 per equity share [which is at a discount of Rs 3.58 per equity share i.e. 4.95% to the floor price of Rs 72.33 per equity share, in accordance with the SEBI ICDR Regulations (including a premium of Rs 67.75 per equity share) upon the closure of the issue.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content