Gujarat Themis Biosyn Fund Raise of ₹750 Cr
Gujarat Themis Biosyn closed its QIP, allocating 2,11,86,440 equity shares at ₹354 per share. This issuance raises ₹750.00 Crore for the company.
- Value
- ₹750.0 Cr
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Gujarat Themis Biosyn closed its QIP, allocating 2,11,86,440 equity shares at ₹354 per share. This issuance raises ₹750.00 Crore for the company.
Gujarat Themis Biosyn's board approved the preliminary placement document and set a floor price of ₹372.57 per share for its upcoming Qualified Institutions Placement (QIP).
Shareholders approved a special resolution to raise funds via a Qualified Institutions Placement. The approval enables the company to issue new equity shares.
Gujarat Themis Biosyn's board approved raising ₹1,000 Crore through a Qualified Institutions Placement. The company also plans a preferential issue of equity shares to non-promoters.