On 19 July 2017
AksharChem (India) announced that the QIP Committee of the board of directors of the Company has, at its meeting held on 19 July 2017, inter alia, passed the following resolutions:declaring the closure of the QIP on 19 July 2017;
determining and approving the issue price of Rs.776.00 per Equity Share, for issuance of upto 8,89,690 Equity Shares, to be allotted to eligible qualified institutional buyers in the QIP; and
approving and adopting the placement document dated 19 July 2017, in connection with the QIP (the 'Placement Document').
The QIP had opened on 14 July 2017.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)