Issues 33,82,86,197 equity shares of FV of Rs 5 each
Reliance Communications announced that the QIP Committee of the Board of Directors of the Company at its meeting held on 27 June 2014, has closed the QIP Issue and approved the issuance of 33,82,86,197 equity shares of face value of Rs 5 each to Qualified Institutional Buyers (QIBs) at an issue price of Rs 142.14 per equity share, including a premium of Rs 137.14 per equity share, aggregating approximately Rs 4,808 crore.The Issue had opened on 24 June 2014.
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