Punj Lloyd: Private Placement after QIP
Funds raised by QIP: Rs. 670.18 cr
Punj Lloyd Ltd has informed BSE that the committee of directors of the Company, on September 10, 2009 has allotted 1750 (one thousand seven hundred and fifty only) Secured Redeemable Non Convertible Debentures of Rs 10,00,000 (Rupees ten lac) each aggregating to Rs 175,00,00,000 (Rupees one hundred and seventy five Crore only) and 42,500 (forty two thousand five hundred only) Secured Redeemable Non Convertible Debentures of Rs 1,00,000 (Rupees one lac) each aggregating to Rs 425,00,00,000 (Rupees four hundred and twenty five Crore only) on private placement basis.
Earlier, Punj Lloyd Ltd had informed BSE that the Committee of Directors at its meeting held on August 10, 2009, d approved the allotment of 2,79,00,920 (Two Crore Seventy Nine Lakh Nine Hundred Twenty) equity shares of Rs 2/- each at a price of Rs 240.20 per share, including a premium of Rs 238.20 per equity share, aggregating Rs 670,18,00,984 (Rupees Six Hundred Seventy Crore Eighteen Lakh Nine Hundred Eighty four Only).
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