KEI Industries update on QIP issue aggregating Rs 500 cr

Image
Capital Market
Last Updated : Jan 29 2020 | 10:16 AM IST
KEI Industries announced that the Qualified Institutions Placement Committee at its meeting held on 28 January 2020, approved the issue and allotment of 1,00,00,000 Equity Shares to eligible qualified institutional buyers at an issue price of Rs. 500 per Equity Share (including a premium of Rs. 498 per Equity Share), aggregating to Rs. 500 crore.

The QIP opened on 23 January 2020 and closed on 28 January 2020.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 29 2020 | 9:50 AM IST

Next Story