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GMR INFRASTRUCTURE LTD. - Outcome of Management Committee Meeting
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10 Jul 2014
GMR Infrastructure Ltd has informed BSE that in respect of the QIP, the Management Committee of the Board of Directors&lt;br/&gt;of the Company has, at its meeting held on July 10, 2014, approved the issue and allotment of 468,817,097 Equity Shares to eligible qualified institutional buyers at the issue price of Rs. 31.50 per Equity Share which is at a discount of Rs. 1.64 per Equity Share on the Floor Price of Rs. 33.14 per Equity Share, aggregating to approximately Rs. 1,476.77 crore under the SEBI Regulations and Section 42 of the Companies Act, 2013, other applicable provisions and rules prescribed thereunder.
View all announcements for GMR INFRASTRUCTURE LTD. Source: BSE India