Business Standard

L T Foods allots 5.31 crore equity shares

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Capital Market

Under QIP issue

The Board of L T Foods at its meeting held on 26 December 2017 has approved the allotment of 5,31,00,000 equity shares to qualified institutional buyers at an issue price of Rs 75.20 per equity share aggregating to approx. Rs 399.31 crore. Pursuant to the allotment of shares in the QIP, the paid up equity share capital stands increased to Rs 31.98 crore comprising of 31,98,44,780 equity shares of Re 1 each.

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First Published: Dec 26 2017 | 3:49 PM IST

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