Dewan Housing approves allotment of 1.69cr equity shares to QIBs

Written By Unknown on Kamis, 05 Maret 2015 | 10.54

Dewan Housing Finance Corporation at its meeting held on March 04, 2015 approved the issue and allotment of 1,69,31,102 Equity Shares of face value Rs 10 each to Qualified Institutional Buyers (QIB) at a price of Rs 478.18 per Equity Share (including share premium of Rs. 468.18 per Equity Share) aggregating to Rs 809,61,14,354.

Dewan Housing Finance Corporation Ltd has informed BSE that the Finance Committee of the Company at its meeting held on March 04, 2015 approved the issue and allotment of 1,69,31,102 Equity Shares of face value Rs. 10 each to Qualified Institutional Buyers (QIB) at a price of Rs. 478.18 per Equity Share (including share premium of Rs. 468.18 per Equity Share) aggregating to Rs. 809,61,14,354 (Rupees Eight Hundred Nine Crore, Sixty One Lakh, Fourteen Thousand, Three Hundred And Fifty Four only).Consequent to the allotment of the Equity Shares to QIBs. the paid-up equity share capital of the Company stands increased from Rs. 128,74,56,400/- divided into 12,87,45,640 equity shares of face value of Rs. 10/- each to Rs. 145,67,67,420 divided into 14,56,76,742 equity shares of face value of Rs. 10/- each.Source : BSE

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