Key Quantitative Figures
- Floor Price for the QIP: ₹22,150.00 per equity share of face value ₹10 each
- Maximum permissible discount: Not more than 5% on the Floor Price
Dates of Action
- Board approval dates: June 27, 2026 and September 05, 2026
- Extraordinary General Meeting date: August 01, 2026
- Committee meeting date: October 06, 2026 (commenced at 9:30 PM, concluded at 10:15 PM)
- Relevant date for pricing: October 06, 2026
- Preliminary placement document filing date: October 06, 2026
Parties Involved
- PTC Industries Limited (Issuer)
- Listing and Fund Raising Committee (Approving authority)
- Board of Directors (Initial approval)
- Qualified Institutional Buyers (Intended recipients)
- Book Running Lead Managers (To be consulted for final pricing)
- BSE Limited and National Stock Exchange of India Limited (Filing exchanges)
Purpose and Rationale
The QIP is being conducted for fundraising purposes as approved by the board and shareholders through special resolution.
Committee Resolutions Approved
1. Authorization to open the QIP issue on October 06, 2026
2. Approval of preliminary placement document and application form dated October 06, 2026
3. Approval of Floor Price at ₹22,150.00 per equity share
Pricing Mechanism
The final issue price will be determined by the Company in consultation with the book running lead managers, with discretion to offer a discount of not more than 5% on the Floor Price.
Compliance Status
The disclosure is made as compliance under Regulation 29(1) and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
#Tags: #PTCIndustries #QIP #SEBIDisclosure #RegulatoryCompliance #Fundraising #Neutral