IndiaMART InterMESH Ltd - 542726 - Announcement under Regulation 30 (LODR)-Allotment
We wish to inform you that, the Fund Raise Committee of the Board ('Committee'), at its meeting held today, has considered and approved the allotment of Equity Shares at a price of ? 8,615 per Equity Share (including a premium of ? 8,605 per Equity Share, which takes into account a discount of 4.97%, to the floor price of ? 9065.61 per Equity Share, aggregating to ? 10,70,16,56,380/- to successful eligible QIBs in accordance with Chapter VI of the SEBI ICDR Regulations. The Issue opened on Feb 17, 2021 and closed on February 22, 2021 and the same was intimated to you through our letters dated Feb 17, 2021 and closed on Feb 22, 2021, respectively. Pursuant to the allotment of Equity Shares in the Issue, the paid-up equity share capital of the Company stands increased from ? 29,12,15,160/- divided into 2,91,21,516 Equity shares of ? 10/- each to ? 30,36,37,280/- divided into 3,03,63,728 Equity shares of ? 10/- each. You are requested to take note of aforesaid information.23-02-2021