JAIPRAKASH ASSOCIATES LTD. - Updates on QIP issue of Equity Shares by the Company

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08 Jul 2014
With reference to the earlier announcement dated July 02, 2014 regarding QIP, Jaiprakash Associates Ltd has now informed BSE that in respect of issue of Equity Shares of QIBs through a Qualified Institutions Placement in terms of Chapter VIII of SEBI ICDR Regulations (Issue), the Finance Committee of the Board of Directors of the Company has, on July 07, 2014, decided to close the bid period, and approved the issue size at US$ 250 million (i.e. approx. Rs. 1,500 Crores) at a price of Rs. 70.27 per Equity Share (including a premium of Rs. 68.27 per Equity Share).
View all announcements for JAIPRAKASH ASSOCIATES LTD.	Source: BSE India

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