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| Exchange Disseminated Time | Prestige Estates Projects Ltd has informed BSE that the QIP Committee, at its meeting held on August 08, 2014, has decided to close the bidding for qualified institutions placement of Equity Shares of the Company (Issue) and approved the issuance of up to 25,000,000 Equity Shares Rs.10.00 each at an issue price of Rs. 245.00 per Equity Share, including a premium of Rs. 235.00 per Equity Share aggregating to approximately Rs. 6,125.00 million to eligible Qualified Institutional Buyers (the “QIBs”) under the Chapter VIII of the SEBI Regulations.
The Issue was opened on August 4, 2014. |
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