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RELIANCE COMMUNICATIONS LTD. - Outcome of QIP Committee Meeting
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27 Jun 2014
With reference to the earlier announcement dated June 24, 2014, Reliance Communications Ltd has now informed BSE that the QIP Committee of the Board of Directors of the Company at its meeting held on June 27, 2014, has closed the QIP Issue and approved the issuance of 33,82,86,197 Equity Shares of face value of Rs. 5/- each to Qualified Institutional Buyers (the &quot;QIBs&quot;) at an issue price of Rs. 142.14 per Equity Share, including a premium of Rs. 137.14 per Equity Share, aggregating approximately Rs. 4,808 crore.&lt;br/&gt;&lt;br/&gt;The Issue had opened on June 24, 2014.
View all announcements for RELIANCE COMMUNICATIONS LTD. Source: BSE India