PI Industries approves issue price of 1470 for QIP
PI Industries has planned a capital expenditure of 1,828 crore over FY20- 22 to build new capacity and support utilities. It completed the acquisition of Isagro India in FY20 at an enterprise value of 450 crore
PI Industries Ltd - 523642 - Qualified Institutions Placement Of Equity Shares Of Face Value Of Re. 1 Each ("Equity Shares") By PI Industries Limited (The "Company") Under Chapter VI Of The SEBI(ICDR) Regulations, 2018, And Applicable Provisions Of The Companies Act, 2013
we wish to inform you that the QIP Committee at its meeting held today, i.e.July 08, 2020 has, inter alia, passed the following resolutions: a) Approved the closure of the issue period for the Issue today, i.e. July 08, 2020; b) Determined and approved the issue price of Rs.1,470 per Equity Share (including a premium of Rs. 1,469 per Equity Share), which is at a discount of 4.19% (i. e., Rs. 64.24 per Equity Share) to the floor price of Rs. 1,534.24 per Equity Share determined as per formula prescribed under Regulation 176( I) of the SEBI ICDR Regulations, for the Equity Shares to be allotted to the eligible QIB''s in the Issue; c) Approved and adopted the placement document dated July 08, 2020; and d). Approved and finalized the confirmation of allocation note to be sent to the eligible QIB''s, intimating them of allocation of Equity Shares pursuant to the Issue. The meeting of the QIP Committee commenced at 5.45 p.m. and concluded at 7.15 p.m. PI Industries Ltd - 523642 - Board Meeting Intimation for QIP Committee Of Board Of Directors
PI Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/07/2020 ,inter alia, to consider and approve In furtherance to our letter dated July 2, 2020 intimating the exchange(s) regarding a meeting of QIP Committee of Board of Directors of the Company being scheduled for July 7, 2020, and in accordance with the requirement under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the meeting of QIP Committee of Board of Directors of the Company which was originally scheduled to be held on Tuesday, July 7, 2020, has now been rescheduled to Wednesday, July 8, 2020. PI Industries Ltd - 523642 - Submission Of Disclosure On Related Party Transactions For The Half Year Ended March 31, 2020
Pursuant to Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the disclosures of related party transactions in accordance with the applicable accounting standards, for the half year ended March 31, 2020 is enclosed. PI Industries launches QIP to raise Rs 2,000 crore
The QIP has been launched at an indicative price of Rs 1534 per share, about 2% discount to the last closing price of Rs 1562 on July 2, said bankers. PI Industries Ltd - 523642 - Board Meeting Intimation for To Consider And Determine The Issue Price, Including A Discount Of Qualified Institutions Placements(QIP).
PI Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/07/2020 ,inter alia, to consider and approve To consider and determine the issue price, including a discount of Qualified institutions placement of equity shares of face value of Re.1 each ("Equity Shares") by PI Industries Limited. PI Industries Ltd - 523642 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Launch of QIP by PI Industries Ltd. PI Industries Ltd - 523642 - Audited Financial Along With Auditors Report Of Both Standalone And Consolidated For The Financial Year 2019-20
Audited Financial along with auditors report of both Standalone and Consolidated for the financial year 2019-20 PI Industries Ltd - 523642 - Closure of Trading Window
In accordance with the Insider Trading Policy adopted by the Company under SEBI [Prohibition of Insider Trading] Regulations, 2015, the Company has decided that the close period of trading window for Insiders covered under "Company's Code of Conduct for Prohibition of Insider Trading" would commence from July 1, 2020 in view of closure of accounts for the quarter ended June 30, 2020 and the trading window shall re-open after 2 days from the date of Board Meeting. PI Industries Ltd - 523642 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In compliance of Regulation 24A of SEBI (LODR) Regulations, 2015, the Annual Secretarial Compliance Report for the year ended March 31, 2020, conducted by Mr. R.S. Bhatia, Practicing Company Secretary is enclosed herewith.