Corporate Announcement
Security Code : 512179    Company : SUNTECK    
 
Outcome of Committee MeetingDownload PDF Download XBRL
  Exchange Received Time  31/10/2017 14:23:24         Exchange Disseminated Time   31/10/2017 14:23:31              Time Taken   00:00:07
We wish to inform you that pursuant to the closure of QIP issue on 27th October, 2017, the Capital Raising Committee of the Company (the 'Committee') at its meeting held today i.e. 31st October, 2017, approved the issue and allotment of 1,55,27,950 Equity Shares of face value Re. 1/- each to eligible qualified institutional buyers at the issue price of Rs. 322/- per Equity Share, aggregating to Rs. 499,99,99,900 (Rupees Four Hundred and Ninety Nine Crores Ninety Nine Lakhs Ninety Nine Thousand and Nine Hundred only).

We request you to take the above on record and the same be treated as compliance under the applicable regulations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
 

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