Muthoot Finance announces Institutional Placement Programme

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Capital Market
Last Updated : Apr 23 2014 | 12:06 AM IST

To open on 25 April 2014

Muthoot Finance has announced that Company's Institutional Placement Programme (IPP) of upto 25,351,062 equity shares of Rs 10 each would open for subscription on 25 April 2014 and close on 25 April 2014. The price band/ floor price for this purpose has been fixed at Rs 155 to Rs 165. The Company has appointed ICICI Securities, Kotak Mahindra Capital Company and Espirito Santo Securities India as the Book Running Lead Managers and Kotak Securities as the Syndicate Member to the issue.

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First Published: Apr 22 2014 | 7:25 PM IST

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