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Aarti Industries Ltd Capital/Financing Update 2021
62198_rns_2021-07-01_d4c62155-8c3b-411b-9981-a0267d9d7db4.pdf
Capital/Financing Update
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June 30, 2021
To, National Stock Exchange of lndia Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400 051 Scrip Code: AARTIIND
To, BSE Limited, Department of Corporate SerVices, P.J. Towers, Dalal Street, Mumbai - 400 001
Scrip Code: 524208
Dear Sir/Madam,
- Sub: Disclosure of the details of allotment in the QIP (as defined hereinafter) in accordance with the Securities and Exchange Board of lndia (Listing Obligations and Disclosures Requirements), 20'15, as amended (the "SEBI LODR Regulations")
- Re: Qualified institutions placement of equity shares of face value Rs. 5 each, (the "Equity Shares"), of Aarti lndustries Limited, (the "Company"), pursuant to the provisions of Chapter Vl of the Securities and Exchange Board of lndia (lssue of Capital and Disclosure Requirements) Regulations, 2018 (the "SEBI ICDR Regulations") and Section 42 of the Companies Act, 2013, each as amended and the rules made thereunder ("QlP" or "lssue")
We wish to inform you that, in respect of the issue of Equity Shares to qualified institutional buyers in terms of Chapter Vl of the SEBI ICDR Regulations, the duly authorized committee of the board of directors of the Company for the QIP (the "Fund Raising Committee") has, in its meeting held today, decided to issue and allot 1,40,35,087 Equity Shares at an issue price of Rs. 855.00 per Equity Share (including a premium of Rs. 850.00 per Equity Share), aggregating approximately Rs. 1200 crores.
The QIP opened on June 24,2021 and was intimated to the exchange on that day. The QIP closed today i.e June 30, 2021.
The shareholding pattern of the Company, before and after the QlP, will be submitted along with listing application in the format specified in Regulation 31 of the SEBI LODR Regulations.
The information as required under Regulation 30 of Securities and Exchange Board of lndia (Listing Obligations Disclosure Requrrements) Regulations, 20 15, as amended, ("LODR") read with Schedule - lll part- A to the LODR and SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 is as follows:
| Type of securities issued | Equity Shares |
|---|---|
| Type of lssuance | Qualified lnstitutions Placement |
| Total no. of securities issued | 1,40,35,087 Equity Shares of Rs. 5 each ata price of Rs. E55.00 per Equity Share(including a premium of Rs. 850.00 perEquity Share) |
| Total amount for which securities issued | Approximately Rs. 1200 Crores |
| www.aarti-industries.com I CIN: L2411oGJ1984PLC007301Oltice i 71 , Udyog Kshetra, 2nd Floor, Mulund Goregaon Link Boad, Mulund (W), MT : 022-67976666 , F : 022-2565 3234 E : [email protected] | ffiJDIA. |
Admin
T : 022-67976666 , F : 022-2565 3234 | E : [email protected]
The Fund Raising Committee meeting commenced at 11.15 PM. and concluded at 11:45 PM.
The above information is given pursuant to relevant provisions of the SEBI LODR Regulations.
We request you to kindly take this on records, and the same be treated as compliance under Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations Disclosure Requirements) Regulations, 2015, as amended.
Yours faithfully, FOR AA Tl INDUSTRIES LIMITED
RAJ 'A •
COMPANY SECRETAR ICSI M. NO. A15526
www.aarti-industries.com I CIN: L24110GJ1984PLC007301
Admin. Office : 71, Udyog Kshetra, 2nd Floor, Mulund Goregaon Link Road, Mulund 0N), Mumbai - 400080, INDIA. T : 022-67976666, F : 022-2565 3234 I E : [email protected]