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INDUSIND BANK LTD. - Updates on QIBs
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30 Nov 2012
Indusind Bank Ltd has informed BSE that in respect of the issue of equity shares of face value of Rs. 10 each of the Company (?Equity Shares?) to Qualified Institutional Buyers (?QIBs?) under a Qualified Institutions Placement in terms of Chapter VIII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, the Finance Committee of the Board of Directors has approved the issuance of 5,21,00,000 Equity Shares at a price of Rs. 384.00 per Equity Share (including a premium of? Rs. 374.00 per Equity Share), aggregating to Rs. 20,006.4 million to QIBs. In addition, the Bid Closing Date is November 30, 2012. The Placement Document in this regard will also be filed.
View all announcements for INDUSIND BANK LTD. Source: BSE India