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| Exchange Disseminated Time | Prestige Estates Projects Ltd has informed BSE that in respect of the Issue, the QIP Committee has, at its meeting held on August 12, 2014, approved the issue and allotment of 2,50,00,000 Equity Shares to eligible QIBs at a price of Rs. 245.00 per Equity Share, including a premium of Rs. 235.00 per Equity Share, aggregating to Rs. 6,125.00 million, under the SEBI Regulations and Section 42 of the Companies Act, 2013 (including the rules made thereunder).
Further the Company has informed that, post the above stated allotment, the paid-up equity share capital of the Company stands increased to Rs. 375,00,00,000 comprising of 37,50,00,000 Equity Shares of a face value of Rs. 10 each. |
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