THE PHOENIX MILLS LTD - Outcome of Committee Meeting

The Phoenix Mills Ltd - Outcome of Committee Meeting

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15 Jul 2015
Phoenix Mills Ltd has informed BSE that in respect of the QIP, the Capital Raising Committee (the "Committee") of the Board of directors of the Company, at its meeting held on July 14, 2015, inter alia has decided and passed the following resolutions:<BR><BR>1. Approved and declared the closure of the QIP on July 14,2015;<BR><BR>2. Approved the issuance of upto 7,991,907 equity shares of face value 2 each ('Equity Shares) at an issue price of Rs. 353.60 per Equity Share to be allotted to eligible qualified institutional buyers ("Issue Price ):<BR><BR>3. Approved and adopted the placement document dated July 14,2015.
View all announcements for The Phoenix Mills Ltd	Source: BSE India

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