Chalet Hotels has informed that the QIP Committee at its meeting held today, April 3, 2024 has approved allotment of 1,26,26,263 Equity Shares to eligible Qualified Institutional Buyers at the issue price of Rs 792 per Equity Share, at a premium of Rs 782 per Equity Share to the face value of Equity Share, aggregating to Rs 10,000 million, pursuant to the said Qualified Institutions Placement of Equity Shares. Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs 205,47,40,080 consisting of 20,54,74,008 Equity Shares to Rs 218,10,02,710 consisting of 21,81,00,271 Equity Shares. The Issue opened on March 27, 2024 and closed on April 2, 2024 and the same was intimated through its letters dated March 27, 2024 and April 2, 2024, respectively. Further the list of allottees who have been allotted more than five percent of the Equity Shares offered in the Issue are enclosed as Annexure A. The meeting of the QIP Committee commenced at 12.10 am and concluded at 12.30 am.
Company Name | CMP |
---|---|
Indian Hotel | 675.70 |
EIH | 363.20 |
Chalet Hotels | 870.00 |
Mahindra Holi.&Resor | 380.20 |
Lemon Tree Hotels | 117.95 |
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