Senco Gold Limited — QIP/Rights/Pref., 13-12-2024: Qualified Institutional Placement

Senco Gold Limited has announced a board meeting on December 13, 2024, to finalize a qualified institutional placement (QIP) of equity shares. The company will raise ₹45.9 crore by issuing 4,080,000 equity shares at an issue price of ₹1,125.00 per share, which includes a premium of ₹1,115.00. This price is at a 1.27% discount to the floor price of ₹1,139.49. The funds raised are intended for general corporate purposes, and the QIP has now been closed, with allocations confirmed for eligible institutional buyers.