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| Exchange Received Time 27/10/2017 17:28:44 Exchange Disseminated Time 27/10/2017 17:28:48 Time Taken 00:00:04 | We wish to inform you that in respect of the QIP, the Capital Raising Committee of the Company (the 'Committee') at its meeting held today i.e. 27th October, 2017, has inter alia passed the following resolutions:
a. Approved the closure of the QIP, today i.e. 27th October, 2017;
b. Approved the issue price of Rs. 322 per Equity Share (including premium of Rs. 321 per Equity Share), which is at a discount of Rs. 14.33 per Equity Share, to the Floor Price of Rs. 336.33 per Equity Share, for the issuance and allocation of 1,55,27,950 Equity Shares to be allotted to eligible qualified institutional buyers pursuant to the QIP aggregating upto Rs. 499,99,99,900 (Rupees Four Hundred and Ninety Nine Crores Ninety Nine Lakhs Ninety Nine Thousand and Nine Hundred only);
c. Approved and adopted the placement document dated 27th October, 2017, in connection with the QIP.
d. Approved the issue of Confirmation of Allocation Notes ('CANs) to the qualified institutional buyers.
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