Investment5 May 2026, 08:21 pm
Afcom Holdings Allots Equity Shares for ₹199.84 Cr QIP Issue
AI Summary
Afcom Holdings Ltd's board approved the allotment of 26,30,520 equity shares at ₹759.72 per share (including a premium of ₹749.72) to qualified institutional buyers, raising ₹199.84 Crores. The issue opened and closed on May 5, 2026, under SEBI ICDR Regulations.
Key Highlights
- Afcom Holdings allots 26,30,520 equity shares via QIP.
- Issue price set at ₹759.72 per share, including premium.
- QIP issue raises ₹199.84 Crores for the company.
- Issue complied with SEBI ICDR Regulations.
- Board meeting concluded at 8:00 P.M. on May 5, 2026.
Price Impact
More from AFCOM