Investment13 Aug 2026, 07:50 pm
Apar Industries Approves QIB Share Allocation at ₹14,805
AI Summary
Apar Industries Ltd's Share Issue Committee of Directors met on August 13, 2026, to approve the closure of its issue. The committee approved the allocation of 16,88,618 Equity Shares to eligible Qualified Institutional Buyers (QIBs) at an issue price of ₹14,805 per share. This price is higher than the floor price of ₹14,801.25, determined as per SEBI ICDR Regulations. The placement document and confirmation of allocation notes were also approved. The trading window remains closed until further notice.
Key Highlights
- Issue closed on August 13, 2026, after receiving QIB applications and funds.
- 16,88,618 Equity Shares allocated to QIBs at ₹14,805 per share.
- Issue price is above the floor price, adhering to SEBI regulations.
- Placement document and allocation notes approved.
- Trading window remains closed for designated persons.
Price Impact
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