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Sundaram Multi Pap approves Qualified Institutions Placement

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Capital Market
Last Updated : Nov 24 2016 | 2:13 PM IST

Aggregating up to Rs. 12.30 crore

The Board of Sundaram Multi Pap has determined and approved the issue price of Rs. 4.10/- per Equity Share (including premium of Rs. 3.10/- per Equity Share) after giving a discount of around 5% to the Floor Price of Rs. 4.30/-, for the issuance and allocation of 30000000 Equity Shares to eligible qualified institutional buyers in the Qualified Institutions Placement, aggregating up to Rs. 12.30 crore

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First Published: Nov 24 2016 | 1:47 PM IST

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