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KSK Energy Ventures approves issue price for proposed allotment of shares

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Capital Market

Issue price fixed at Rs 99 (incl premium of Rs 89)

KSK Energy Ventures announced that the QIP Committee of the Board of Directors of the Company has closed the bids and approved an issue price of Rs 99 (including a premium of Rs 89) per Equity Share in connection with the proposed issue and allotment of 40,404,040 Equity Shares aggregating to approximately Rs. 4000 Million under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.

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First Published: Jun 04 2014 | 4:26 PM IST

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