On 05 November 2014
CESC announced that at a meeting held on 05 November 2014, the QIP Committee of the Board of Directors of the Company, 76,21,118 equity shares of Rs. 10/- each have been allotted effective on 05 November 2014 at a price of Rs. 644/- per share (inclusive of a premium of Rs. 634/-) to Qualified Institutional Buyers ('QIBs') in terms of Chapter VIII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended and Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014.Powered by Capital Market - Live News
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