Please note that the Fund Raising Committee (Committee) has at its meeting held today i.e. August 5 2021 approved the issue and allotment of 97 22 000 Equity Shares of face value Rs. 2 each to eligible qualified institutional buyers at the issue price of Rs. 720 per Equity Share (including
a premium of Rs. 718 per Equity Share) against the floor price of Rs. 734.84 per Equity Share aggregating to Rs. 6 99 98 40 000 pursuant to the Issue in accordance with the SEBI ICDR Regulations.
The Issue opened on August 2 2021 and closed on August 5 2021 and the same was intimated to you through our letters dated August 2 2021 and August 5 2021 respectively.
Pursuant to the allotment of Equity Shares in the Issue the paid-up equity share capital of the Company stands increased from Rs. 55.18 crore comprising of 275 898 441 Equity Shares to Rs. 57.12 crore comprising of 285 620 441 Equity Shares.