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The board has approved, in accordance with the SEBI ICDR Regulations, the issue price at Rs 2.80 per equity share (including a premium of Rs 1.80 per Equity Share), which is at a discount of Rs 0.12 per equity share i.e. 4 per cent to the floor price of Rs 2.92 per equity share., Markets News, Times Now
According to Vikas Ecotech's exchange filing, the committee determined and approved, in accordance with the SEBI ICDR Regulations, the issue price at Rs 2.80 per equity share (including a premium of Rs 1.80 per equity share), which is at a discount of Rs 0.12 per equity share i.e. 4 per cent to the floor price of Rs 2.92 per equity share to be allotted to the eligible qualified institutional buyers in the present tranche., Markets News, Times Now
(i) approved the closure of the issue period for QIP today (i.e., December 10, 2020); (ii) approved the Issue Price at the Floor Price of Rs. 103.50 per Equity Share (including the share premium of Rs.93.50 to the face value of Rs. 10 per Equity Share), determined as per the formula prescribed under Regulations 176(1) of the SEBI ICDR Regulations for an aggregate value of Rs.2000 crore to be allotted to eligible qualified institutional buyers in the QIP; (iii) approved and adopted the placement document dated 10 December , 2020, in connection with the QIP (the "placement Document"); and (iv) ...