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| Exchange Received Time 29/03/2017 15:22:12 Exchange Disseminated Time 29/03/2017 15:22:16 Time Taken 00:00:04 | | We wish to inform you that in respect of the QIP, the Fund Raising Committee of the Board of Directors of the Company at its meeting held today i.e. 29 March, 2017, has inter alia approved the following matter(s):- 1) Approved the closure of the QIP today, i.e., 29 March, 2017; 2) Approved the issue price of Rs.423.00 per Equity Share (including a premium of Rs. 421.00 per Equity Share)upon the closure of the Issue, which is at a discount of Rs. 13.66 per Equity Share to the Floor Price of Rs. 436.66 per Equity Share, for the Equity Shares to be allotted to eligible qualified institutional buyers pursuant to the QIP; and 3) Approved and adopted the placement document dated 29 March, 2017, in connection with the QIP. Enclosed please find the certified true copy of the resolution dated 29 March, 2017 of Fund Raising Committee. The aforesaid meeting commenced at 2.45 p.m. and concluded at 3.00 p.m. |
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