Mankind Pharma Limited — QIP/Rights/Pref., 20-12-2024: Allotment of Securities

Mankind Pharma Limited has announced a board meeting to approve the allotment of 1,19,04,761 equity shares at an issue price of ₹2,520 per share, raising approximately ₹2,999.99 crore. The fundraising committee approved this Qualified Institutions Placement, which included both institutional and foreign investors, leading to an increase in the company's paid-up share capital to ₹4,12,56,68,899. Notable allottees include the Government Pension Fund Global and HDFC Trustee Company, among others, who received significant portions of the shares offered.