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Indian Hotels concludes QIP issue

Indian Hotels concludes QIP issue

March 25, 2022 6:04 IST | capital market
Indian Hotels Co announced the closure of its QIP issue period today, 25 March 2022. The company has approved the issue price of Rs 202 per equity share (which is a discount of 0.73% i.e. Rs 1.48 per share to the floor price of Rs 203.48 per equity share) for equity shares to be allotted to eligible qualified institutional buyers in the issue.

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