Under QIP issue
Hindustan Construction Company announced that the QIP Committee (the "Committee") of the Board of Directors of the Company at its meeting held on 10 April 2015, has decided to issue and allot on 10 April 2015, 133,332,800 equity shares of face value of Rs. 1 each ("Equity Shares") at a price of Rs. 30 per Equity Share (including a premium of Rs. 29 per Equity Shares), aggregating to Rs. 399,99,84,000/- (Rupees Three Hundred Ninety Nine Crore Ninety Nine Lacs and Eighty Four Thousand Only) in accordance with Section 42 of the Companies Act, 2013 (including the rules made thereunder) and Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.Powered by Capital Market - Live News
