StockWatch
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Other Electrical Equipment
Corporate Action10 Aug 2026, 06:31 pm

Apar Industries Sets Floor Price at ₹14,801.25 for Share Issue

AI Summary

Apar Industries Ltd's Share Issue Committee of Directors met on August 10, 2026, to approve key aspects of a share issue. The committee authorized the opening of the issue, set the floor price at ₹14,801.25 per equity share based on SEBI ICDR Regulations, and approved the preliminary placement document. The 'Relevant Date' for the issue was fixed as August 10, 2026. The company may offer a discount of up to 5% on the floor price. The preliminary placement document will be filed with BSE and NSE, and also made available on the company's website. The trading window for designated persons remains closed until further notice.

Key Highlights

  • Share Issue Committee approved opening of issue on August 10, 2026.
  • Floor price set at ₹14,801.25 per equity share.
  • Preliminary placement document approved and to be filed.
  • Trading window closed from August 7, 2026, until further notice.