QIP closure date is 16 October 2014; Issue price is Rs 1800 per equity share
Dynamatic Technologies announced that the Finance Committee of the Board at its meeting held on 16 October 2014 has approved in connection with Qualified Institutions Placement (QIP):The date of closure of the QIP was approved as 16 October 2014.
Approved discount of about 1.94369% on the floor price of Rs 1835.68 per share, which amounts to Rs 1800. The equity share of Rs 10 each will be issued at a price of Rs 1800 per equity share.
Approved and adopted the placement document.
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