Hitachi Energy India Limited — QIP/Rights/Pref., 13-03-2025: Allotment of Securities

Hitachi Energy India Limited has announced a board meeting regarding a Qualified Institutions Placement of equity shares, approving the allotment of 2,190,688 equity shares at an issue price of ₹11,507 per share, raising approximately ₹2,520.82 Crore. The allotment included a premium of ₹11,505 per share after a discount of ₹605.50. The new shares will increase the paid-up equity capital to ₹8,91,44,726, consisting of 4,45,72,363 equity shares. Notable allottees include Motilal Oswal Midcap Fund and SBI Life Insurance, each receiving significant allocations.