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Qualified Institutions Placement Of Equity Shares Of Face Value Re. 1 Each (The Equity Share(S)) By Jindal Steel &Amp; Power Limited (The Company) Under The Provisions Of Chapter VIII Of Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2009, As Amended (The SEBI ICDR Regulations), And Sections 42 And 62 Of The Companies Act, 2013, As Amended (Including The Rules Made Thereunder) (The QIP).

| Updated on March 27, 2018 Published on March 27, 2018

Dear Sir/ Madam,

We wish to inform you that the duly authorised Corporate Management Committee of the Board of Directors of the Company has, at its meeting held today i.e. March 27, 2018, approved the issue and allotment of 51,502,145 Equity Shares of face value Re. 1 each to eligible qualified institutional buyers at the issue price of Rs. 233.0 per Equity Share (including a premium of Rs. 232.0 per Equity Share) against the floor price of Rs. 227.15 per Equity Share, aggregating to Rs. 1,999,999,785/-, pursuant to the QIP. A copy of resolution for allotment of the Equity Shares pursuant to the QIP is attached hereto for your information and record.

The Equity Share capital of the Company stands increased to Rs. 967,946,379/ consisting of 967,946,379 Equity Shares of face value Re. 1 each.

We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Thanking you.

Pdf Link: Qualified Institutions Placement Of Equity Shares Of Face Value Re. 1 Each (The Equity Share(S)) By Jindal Steel &Amp; Power Limited (The Company) Under The Provisions Of Chapter VIII Of Securities And Exchange Board Of India (Issue Of Capital And Disclosure Requirements) Regulations, 2009, As Amended (The SEBI ICDR Regulations), And Sections 42 And 62 Of The Companies Act, 2013, As Amended (Including The Rules Made Thereunder) (The QIP).

Source : BSE - www.bseindia.com

Published on March 27, 2018
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