Qualified Institutions Placement (the "Issue") by Idea Cellular Ltd - Intimation of Issue Closure

• Security Code: 532822
• Company: IDEA

Idea Cellular Ltd has informed BSE that the Securities Allotment Committee of the Board of Directors of the Company ("the Committee"), at its meeting held on June 09, 2014, has decided to close the Issue and approved the issuance of 223,880,597 Equity Shares of face value of Rs. 10/- each to qualified institutional buyers (the "QIBs") at an issue price of Rs. 134/- per Equity share, including a premium of Rs. 124/-per Equity Share, aggregating approximately to Rs. 30,000 million.

The Issue had opened on June 5, 2014.