Key Quantitative Figures
- Total Equity Shares Allocated: 7,11,00,000 fully paid-up Equity Shares of face value of ₹ 1 each
- Issue Price: ₹ 227 per Equity Share (including a premium of ₹ 226 per Equity Share)
- Discount: ₹ 11.92 per share (4.99% discount)
- Floor Price: ₹ 238.92 per Equity Share
Dates of Action
- Management Committee Meeting Date: July 28, 2026
- Issue Closure Date: July 28, 2026
- Placement Document Date: July 28, 2026
- Meeting Timing: Commenced at 10:45 p.m., concluded at 11:00 p.m.
Committee Resolutions
The Management Committee of the Company passed the following resolutions:
1. Approved and declared closure of the QIP on July 28, 2026
2. Determined allocation of 7,11,00,000 Equity Shares to eligible qualified institutional buyers at ₹ 227 per share
3. Approved and finalized the confirmation of allocation note (CAN) to be sent to eligible buyers
4. Approved and adopted the placement document dated July 28, 2026
5. Approved issuance of refund intimation letter to bidders entitled to refunds
Documentation and Compliance
The placement document dated July 28, 2026 has been filed with the stock exchanges and is available on the company's website at https://dicabs.com/investor/qualified-institutional-placement-2026/. This disclosure is treated as compliance under applicable SEBI regulations.