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Info Edge (India) said that the QIP (qualified institutional placement) committee of its board on September 10 had decided to close the bidding for qualified institutional placement of equity shares of the company.
In a filing to the stock exchange, the company said the committee also approved the issue of up to 1,01,35,135 equity shares of Rs 10 each at Rs 740 per share, including a premium of Rs 730 per share, aggregating a sum not exceeding Rs 750 crore.
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