Nagarjuna Construction Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 01, 2009, inter alia, have transacted the following :
- Declared the closure of the Bid Period for issue of Equity Shares of the Company of face value of Rs 2 each, upto a maximum aggregate amount of Rs 367.35 crores, by the Company to Qualified Institutional Buyers ("QIBs") in terms of Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, as amended, as opened vide the Committee Authorisation dated August 28, 2009 ("Issue"), on September 01, 2009 with immediate effect.
- Authorised to issue up to 27,732,900 Equity Shares of Rs 2 each at a price of Rs 132.46 per Equity Share (including a premium of Rs 130.46 per Equity Share), aggregating to Rs 367.35 crores (Rupees Three Hundred Sixty Seven Crores and Thirty Five Lakhs only).
| NIFTY 
