Aban Offshore Update by Epic Research

Aban Offshore has raised Rs 750 crore through 25% dilution of equity. The capital issue committee approved the issuance of 10,783,608 equity shares of face value of Rs 2 to Qualified Institutional Buyers (QIBs) at an issue price of Rs 695.50 per equity share, which is at a discount of Rs 36.47 per share to the Floor Price Rs 731.97 per equity share.



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Posted in: Indian Market Tips