Syrma SGS Technology Limited — QIP/Rights/Pref., 12-08-2025: Issue of Securities
12-08-2025 | 08:26 pm
12-08-2025 | 08:26 pm
Syrma SGS Technology has successfully closed its Qualified Institutional Placement (QIP) of equity shares. The company issued shares to eligible Qualified Institutional Buyers (QIBs) at an issue price of ₹699.00 per share. This price includes a premium of ₹689.00 and represents a 4.98% discount to the floor price of ₹735.61. The total amount raised and the number of shares allotted are not specified in this announcement. The company has approved the placement document for this issue. The intended use of proceeds was not disclosed.
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