Stake Sale

InterGlobe Aviation Ltd approves allotment of 33,578,421 Equity Shares



Posted On : 2017-09-21 19:42:10( TIMEZONE : IST )

InterGlobe Aviation Ltd approves allotment of 33,578,421 Equity Shares

The 'Issue of Securities Committee' (the 'Committee') of the Board of Directors of InterGlobe Aviation Ltd at its meeting held today i.e. September 21, 2017 by way of a resolution, approved the allotment of 33,578,421 Equity Shares pursuant to the Issue, consisting of 22,385,614 Equity Shares pursuant to the fresh issue and 11,192,807 Equity Shares pursuant to the offer for sale by selling shareholders, to qualified institutional buyers at an issue price of Rs. 1,130.00 per Equity Share.

Source : Equity Bulls

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