PG Electroplast has approved the allotment of 32,05,128 equity shares to eligible QIBs at an issue price of Rs 1560 per equity share (including a premium of Rs 1550 per share) aggregating to Rs 499.99 crore, pursuant to the QIP.
Accordingly, the paid up equity share capital has increased to Rs 26,02,46,450/- consisting of 2,60,24,645 equity shares each.
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