Borosil Renewables announces closure of QIP issue

To issue 1.58 cr equity shares at price of Rs 126.55 per share

Borosil Renewables announced the closure of the QIP issue on 17 December 2020. The QIP Committee approved the issue of 1,58,04,030 Equity Shares of the Company at the issue price of Rs. 126.55 per Equity Share) (which is at a discount of 4.99% i.e. Rs. 6.64 per Equity Share to the floor price of Rs. 133.19 per Equity Share).

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