ALPHA TRIBE

Kalpataru Projects International LimitedQIP/Rights/Pref., 17-12-2024: Allotment of Securities

17-12-2024 | 12:00 am

Kalpataru Projects International Limited has approved the allotment of 8,326,394 equity shares at ₹1,201 each, raising approximately ₹999.99 crore. This Qualified Institutions Placement (QIP) included a discount of ₹13.98 per share to the floor price. The issuance, which opened on December 12 and closed on December 16, has increased the company’s paid-up equity capital from ₹324.89 crore to ₹341.55 crore, now amounting to 17,077,254 shares. A detailed list of significant allottees has been provided.

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