KEI Industries Limited — QIP/Rights/Pref., 25-11-2024: Qualified Institutional Placement

KEI Industries Limited has announced a qualified institutions placement (QIP) of equity shares with a floor price of ₹3,880.54 each, aiming to raise funds for corporate purposes. The Fund Raising Committee approved the opening of the issue today, fixing the relevant date as well. The company may offer a discount of up to 5% on the floor price. The trading window for the company’s securities is closed from today, remaining so until 48 hours after the issue price is determined.