Date: July 9, 2026
Board Meeting Outcomes
The Investment and Finance Committee meeting held on July 9, 2026 (7:30 p.m. to 7:45 p.m.) passed the following resolutions regarding the Qualified Institutions Placement (QIP):
- Approved the closure of the QIP on July 9, 2026 after receipt of application forms and funds in escrow accounts from eligible qualified institutional buyers
- Determined and approved allocation of 15,810,276 Equity Shares of face value ₹2 each
- Set the Issue price at ₹506.00 per Equity Share (including a premium of ₹504.00 per Equity Share)
- Applied a discount of ₹25.70 per equity share (4.83% discount) to the floor price of ₹531.70, as permitted under Regulation 176 of SEBI ICDR Regulations
- Approved and adopted the Placement Document dated July 9, 2026
- Approved and finalized the confirmation of allocation note to be sent to eligible qualified institutional buyers
Fundraising Details
- Total shares allocated: 15,810,276 Equity Shares
- Issue price per share: ₹506.00
- Total funds raised: Approximately ₹800 crore (15,810,276 shares × ₹506.00)
- Face value per share: ₹2
- Premium per share: ₹504.00
- Discount applied: ₹25.70 per share (4.83% of floor price)
- Floor price: ₹531.70 per share
Additional Information
The placement document has been made available on the company's website at www.bluejethealthcare.com
The announcement was signed by Sweta Poddar, Company Secretary and Compliance Officer (Membership No: F12287) on July 9, 2026 at 7:54 p.m.