
Board Meeting4 May 2026, 09:21 pm
Afcom Holdings Approves Preliminary Placement Document
AI Summary
Afcom Holdings Ltd's board approved and adopted the preliminary placement document dated May 04, 2026, and authorized the opening of the issue on the same date. The board also approved the floor price of ₹799.62 for the issue under SEBI ICDR Regulations. The 'relevant date' for the issue is May 4, 2026, and a discount of not more than 5% on the floor price may be offered. The trading window remains closed for designated persons until 48 hours after the determination of the issue price.
Key Highlights
- Afcom Holdings approved preliminary placement document on May 4, 2026.
- Issue opens May 4, 2026, with a floor price of ₹799.62.
- A discount of up to 5% on the floor price may be offered.
- Trading window closed for designated persons until issue price determination.
- Issue price will be determined in consultation with book running lead managers.
Price Impact
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