Business Daily from THE HINDU group of publications
Monday, Nov 16, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Monday, Nov 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Private Placement KSK Energy raises Rs 516 cr Hyderabad, Nov. 15 KSK Energy Ventures Ltd has raised Rs 515.92 crore through qualified institutional placement (QIP) issue. In a statement to the Bombay Stock Exchange, KSK Energy said that the QIP Committee of the Board of Directors of the company has closed the bids and approved an issue price of Rs 194.50 (including a premium of Rs 184.50) for an equity share for the proposed issue. The board has decided to allot up to 2,65,25,714 equity shares aggregating to Rs 515.92 crore according t o the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, norms. — Our Bureau More Stories on : Private Placement | Power
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