Up to date: Aug 15, 2020 12:50 IST
Mumbai (Maharashtra) [India], Aug 15 (ANI): The issuance committee of board of administrators at ICICI Bank on Saturday accredited allotment of 41.89 crore equity shares of face worth Rs 2 every to eligible qualified institutional buyers.
The issue price was mounted at Rs 358 per fairness share, that’s at a premium of Rs 356 per unit. The problem opened on August 10 and closed on August 14.
“Pursuant to the allotment of equity shares within the concern, the paid-up fairness share capital of financial institution stands elevated from Rs 12,952,832,416 consisting of 6,476,416,208 equity shares of face worth Rs 2 every to Rs 13,790,821,242 consisting of 6,895,410,621 equity shares of face worth Rs 2 every,” it stated in regulatory filings at inventory exchanges.
The names of allotees are Financial Authority of Singapore (11.08 per cent), Morgan Stanley Funding Administration Inc (7.31 per cent) and Societe Generale (5.55 per cent),” stated the non-public sector lender.