rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
IDEA CELLULAR LTD. - Issue and Allotment of Equity Shares to QIBs
Download announcement < Back
11 Jun 2014
Idea Cellular Ltd has informed BSE that the Securities Allotment Committee of the Board of Directors of the Company has, at its meeting held on June 11, 2014, has issued and allotted 223,880,597 Equity Shares of face value of Rs. 10/- each to eligible QIBs at a price of Rs. 134/- per Equity Share, including a premium of Rs. 124/- per Equity Share, aggregating approximately to Rs. 30,000 million under the SEBI Regulations and Section 42 of the Companies Act, 2013 and the rules made thereunder. The Company has submitted to BSE a copy of resolution for allotment of the Equity Shares pursuant to the Issue.&lt;br/&gt;&lt;br/&gt;Further the Company has informed that, post the said allotment, the paid-up equity share capital of the Company stands increased to Rs. 35,439,445,020 comprising of 3,543,944,502 equity shares of Rs.10/- each.
View all announcements for IDEA CELLULAR LTD. Source: BSE India