Summary
QIP Details
Type of Issuance: Equity Shares
Total Amount Raised: ₹1,500 crore (calculated as 2,57,28,500 shares × ₹583.01 per share)
Number of Securities Issued: 2,57,28,500 Equity Shares
Face Value and Issue Price: Face value of ₹2 per share. Issue price of ₹583.01 per Equity Share, which represents a 5% discount to the floor price of ₹613.69 per Equity Share.
Premium: ₹581.01 premium per Equity Share (Issue price of ₹583.01 minus face value of ₹2)
Names of Allottees: Not disclosed in this document
Timeline and Approval References:
- Issue opened on June 24, 2026
- Board meeting held on June 30, 2026 from 7:30 p.m. to 9:15 p.m.
- Approved under Chapter VI of SEBI ICDR Regulations and Sections 42 and 62(1)(c) of Companies Act, 2013
- Floor price determined as per Regulation 176(1) of SEBI ICDR Regulations
Purpose of the QIP: Not specified in this document
Post-QIP Shareholding Pattern: Not disclosed in this document
Other Announcements in the Document
The document does not contain any unrelated announcements such as management changes, regulatory updates, or other price-sensitive disclosures beyond the QIP completion.