Phoenix Mills has informed that in respect of the QIP, the Capital Raising Committee (the ‘Committee’) of the Board of directors of the Company, at its meeting held on July 14, 2015, has decided ,approved and declared the closure of the QIP on July 14,2015; Approved the issuance of up to 7,991,907 equity shares of face value 2 each (Equity Shares) at an issue price of Rs 353.60 per Equity Share to be allotted to eligible qualified institutional buyers (‘Issue Price’) and approved and adopted the placement document dated July 14,2015.
The above information is a part of company’s filings submitted to BSE.
