Sunteck Realty has informed that pursuant to the closure of QIP issue on 27th October, 2017, the Capital Raising Committee of the Company (the Committee) at its meeting held today i.e. 31st October, 2017, approved the issue and allotment of 1,55,27,950 Equity Shares of face value Re 1 each to eligible qualified institutional buyers at the issue price of Rs 322 per Equity Share, aggregating to Rs 499,99,99,900. They request to take the above on record and the same be treated as compliance under the applicable regulations under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
The above information is a part of company’s filings submitted to BSE.
