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J.K.Cement Ltd. - Outcome of Board Meeting

| Updated on December 28, 2018 Published on December 28, 2018

This is to inform you that in respect of the QIP, the Committee of Directors of the Company has, at its meeting held today i.e. December 28, 2018, inter alia, passed the following resolutions:
(i)declaring the closure of the QIP today (i.e. December 28, 2018) pursuant to the receipt of applications from eligible qualified institutional buyers in accordance with the terms of the QIP, which opened on December 24, 2018;
(ii)determining and approving the issue price of INR 695.80 per Equity Share (including a share premium of INR 685.80 per Equity Share)(iii)approving and adopting the placement document dated 28.12.18
(iv)Approved the issuance of Confirmation of allocation notes.The meeting of the Committee of Directors/board of directors of the Company commenced at 5:10PM and concluded at 6:10PM

Pdf Link: J.K.Cement Ltd. - Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on December 28, 2018
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