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Outcome of QIP committee meeting of Suven Life Sciences

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Capital Market

Held on 29 November 2014

Suven Life Sciences announced that the QIP Committee of the Company at its meeting held on 29 November 2014 approved the following -

Closure of QIP on 29 November 2014.

The issue price of Rs 191.32 per equity share which is at a discount of Rs 10.06 per equity share to the floor price of Rs 201.38 per equity share for equity shares to be allotted to eligible Qualified Institutional Buyers in the QIP.

Adopted the placement document dates 29 November 2014 in connection with the QIP.

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First Published: Nov 29 2014 | 2:52 PM IST

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