Cemindia Projects Approves QIP with Floor Price of ₹1,158.58

Cemindia Projects Ltd announced that its Management Committee has approved the opening of a Qualified Institutions Placement (QIP) issue. The floor price for the issue has been set at ₹1,158.58 per Equity Share, determined based on SEBI ICDR Regulations. The company has also approved and adopted the preliminary placement document dated October 14, 2026. The 'Relevant Date' for the issue is October 14, 2026. SBI Capital Markets, ICICI Securities, and IIFL Capital Services have been appointed as the book running lead managers. The preliminary placement document will be filed with the BSE and NSE, and will be available on the company's website. The issue price will be finalized in consultation with the book running lead managers. The meeting of the Management Committee was held on October 14, 2026.