iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Salasar Techno Engineering Limited - Qualified Institutional Placements

6 Sep 2022 , 12:00 AM

The Fund Raising Committee of the Board at its meeting held today has: a. Approved the closure of the Issue today (i.e. 06/09/2022) pursuant to the receipt of application forms and the funds in the escrow account from the eligible QIBs; b. Determined and approved, in accordance with the ICDR Regulations, the allocation of 3,00,00,000 Equity Shares at an Issue price of Rs. 27.30 per Equity Share (including a premium of Rs. 26.30), which is at a discount of Rs. 1.29 per share i.e. 4.51% to the floor price of Rs. 28.59 per Equity Share c. Approved and finalised the confirmation of allocation note to be sent to eligible QIB, intimating them of the allocation of Equity Shares pursuant to the Issue; and refund intimation letter, to be sent to the bidders who are entitled to receive the refund amount, if any; and d. Approved and adopted the placement document dated September 06, 2022. (ref attachment for details)

Related Tags

  • Announcements
  • BSE
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.