KSK Energy Ventures Ltd has informed BSE that the QIP Committee of the Board of Directors of the Company has closed the bids and approved an issue price of Rs. 194.50 (including a premium of Rs. 184.50) per Equity Share in connection with the proposed issue and allotment of up to 2,65,25,714 Equity Shares aggregating to Rs. 5,159.25 million under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended.