StockWatch
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Trading - Gas
Corporate Action11 Nov 2026, 09:30 pm

Aegis Logistics Approves Qualified Institutions Placement Floor Price

AI Summary

Aegis Logistics Limited's Fund Raising Committee met on November 11, 2026, to approve key aspects of a proposed Qualified Institutions Placement (QIP). The committee approved a floor price of ₹1,161.85 per equity share, determined based on SEBI ICDR Regulations. A preliminary placement document was also adopted, and the QIP issue was authorized to open on the same day. The company may offer a discount of up to 5% on the floor price. The 'relevant date' for price determination was fixed as November 11, 2026.

Key Highlights

  • Fund Raising Committee approved QIP floor price at ₹1,161.85 per share.
  • Preliminary placement document adopted for eligible qualified institutional buyers.
  • Issue authorized to open on November 11, 2026.
  • Company may offer a discount of up to 5% on the floor price.
  • Relevant date for price determination set as November 11, 2026.