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INDUSIND BANK LTD. - Outcome of Finance Committee Meeting
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30 Jun 2015
Indusind Bank Ltd has informed BSE that in respect of the QIP, the Finance Committee of the Bank at its meeting held on June 30, 2015, inter alia, has passed the following resolutions:&lt;BR&gt;&lt;BR&gt;1. Approved the closure of the QIP on June 30, 2015.&lt;BR&gt;&lt;BR&gt;2. Approved the issue price of Rs. 845 per Equity Share, which is at a premium of Rs. 23.46 per Equity Share, to the Floor Price of Rs. 821.54 per Equity Share, for the Equity Shares to be allotted to eligible qualified institutional buyers in the QIP; and&lt;BR&gt;&lt;BR&gt;3. Approved and adopted the Placement Document (PD) dated June 30, 2015, in connection with the QIP.&lt;BR&gt;&lt;BR&gt;All terms not defined herein shall carry the same meaning as ascribed to them in the Preliminary Placement Document / Placement Document.
View all announcements for INDUSIND BANK LTD. Source: BSE India