| TD Power Systems has allotted 77,41,935 equity shares to eligible qualified institutional buyers at an issue price of Rs 775 per equity share (including a premium of Rs 774 per equity share), as determined in terms of the SEBI ICDR Regulations), aggregating to Rs 599.99 crore, which includes a discount of 0.05% to the floor price of Rs 775.35 per equity share pursuant to QIP issue.
Pursuant to the allotment of equity shares in the Issue, the paid-up equity share capital of the Company stands increased from Rs 31,37,06,860, comprising of 31,37,06,860 equity shares of Re
1 each to Rs 32,14,48,795, comprising of 32,14,48,795 equity shares of Re 1 each. |