Cemindia Projects closes qualified institutions placement of 1,26,35,379 equity shares
Cemindia Project · Construction
What the filing says
- Management Committee approved closure of the Issue on October 19, 2026 after receiving application forms and escrow funds from eligible QIBs
- Allocation of 1,26,35,379 Equity Shares at ₹1,108 each, with a 4.37% discount to the floor price of ₹1,158.58, was approved
- Placement document dated October 19, 2026 adopted and confirmation of allocation note approved for eligible QIBs
Why it's rated notable: no figure in the filing to size it as major
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
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More from Cemindia Project
- Fundraise / allotmentNotableCemindia Projects allots equity shares worth ₹1,400.00 Crore in QIP
- Fundraise / allotmentNotableCemindia Projects Limited opens qualified institutions placement of equity shares
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
