QIP Details
Type of Issuance: Equity Shares
Total Amount Raised: The document does not specify the total amount raised in numerical terms, but it can be calculated as 99,52,606 shares × ₹2,110 per share = ₹2,100.00 crores (approximately).
Number of Securities Issued: 99,52,606 fully paid-up equity shares of face value ₹2 each.
Face Value and Issue Price: Face Value: ₹2 per share. Issue Price: ₹2,110 per share. The issue price represents a significant premium of ₹2,108 over the face value.
Premium: A premium of ₹2,108 per Equity Share was included in the issue price.
Names of Allottees: The specific names of the eligible qualified institutional buyers (QIBs) are not disclosed in this document.
Timeline and Approval References:
- The QIP was conducted under Chapter VI of the SEBI ICDR Regulations and Sections 42 and 62(1)(c) of the Companies Act, 2013.
- The Committee of Directors (Administration, Authorisation & Finance) meeting was held on August 28, 2026.
- The Committee approved the closure of the Issue on August 28, 2026, upon receipt of application forms and funds.
- The allocation price was determined as per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations.
- The Committee also approved the placement document dated August 28, 2026.
Purpose of the QIP: The specific purpose for raising capital through this QIP is not mentioned in this document.
Post-QIP Shareholding Pattern: Changes to the shareholding pattern following this QIP are not disclosed in this document.
Other Announcements in the Document
This document contains no other unrelated announcements, such as changes in management, regulatory updates, or other price-sensitive disclosures. The entire communication is focused on the outcome of the QIP.