Cemindia Projects Approves QIP Closure, Allots 1.26 Cr Shares at ₹1,108

Cemindia Projects Limited has announced the successful closure of its Qualified Institutions Placement (QIP) issue. The management committee approved the closure on October 19, 2026, after receiving application forms and funds in the escrow account. A total of 1,26,35,379 equity shares were allocated at an issue price of ₹1,108.00 per share, which includes a premium of ₹1,107.00. This price represents a discount of 4.37% (₹50.58) to the floor price of ₹1,158.58, determined as per SEBI ICDR Regulations. The company also approved and adopted the placement document dated October 19, 2026, and finalized the confirmation of allocation notes for eligible qualified institutional buyers. The placement document will be available on the company's website.