Cox & Kings Ltd closes QIP issue

In respect to the QIP, the Committee of the Board of Directors of Cox & Kings Ltd at its meeting held on November 25, 2014, has approved the closure of the QIP on November 25, 2014.

The committee approved the issue price of Rs. 305 per equity share (including Rs. 300 per share towards securities premium), for equity shares to be allotted to eligible qualified institutional buyers in the QIP.

The Committee also approved and adopted the placement document dated November 25, 2014 (PD) and the Confirmation of Allocation Note in connection with the QIP.

Shares of Cox & Kings Limited was last trading in BSE at Rs.290.9 as compared to the previous close of Rs. 289.75. The total number of shares traded during the day was 82244 in over 3071 trades.

The stock hit an intraday high of Rs. 297.3 and intraday low of 289.25. The net turnover during the day was Rs. 24176854.

Source : Equity Bulls

Keywords