CESC LTD. - Outcome of QIP Committee Meeting

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31 Oct 2014
CESC Ltd has informed BSE that in respect of issue, the QIP Committee of Board of Directors of the Company has, as its meeting held October 31, 2014, inter alia, passed the following resolutions;<br/><br/>i. declared the closure of the QIP on October 31, 2014;<br/><br/>ii. determined and approved the issue price of Rs. 644.00 per Equity Share, for the Equity Shares to be allotted to eligible qualified institutional buyers in the QIP;<br/><br/>iii. approved the issuance of 7621118 Equity Shares to eligible QIBs; and<br/><br/>iv. approved and adopted the placement document dated October 31, 2014, in connection with the lssue (the "Placement Document").<br/><br/>2. The QIP opened on October 28, 2014.
View all announcements for CESC LTD.	Source: BSE India

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