Key Approvals and Dates
- Board of directors approved the QIP at its meeting held on April 30, 2026
- Special resolution passed by members of the Company on June 24, 2026
- QIP Committee meeting held on July 2, 2026 from 4:30 PM to 5:10 PM
- Committee authorized opening of the Issue on July 2, 2026
Pricing Details
- Floor price approved at ₹3,034.68 per Equity Share
- Pricing based on formula prescribed under SEBI ICDR Regulations
- Relevant Date for pricing calculation: July 2, 2026
- Company may offer discount of not more than 5% on the floor price
- Final issue price to be determined in consultation with book running lead managers
Appointment of intermediaries
Book Running Lead Managers (BRLMs) appointed:
- SBI Capital Markets Limited
- Jefferies India Private Limited
- ICICI Securities Limited
- IIFL Capital Services Limited (formerly IIFL Securities Limited)
Additional Information
- Equity shares have face value of ₹1 each
- Shares not registered under U.S. Securities Act of 1933
- No public offering of securities in the United States contemplated
- Company CIN: L51100GJ1993PLC019067