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25/04/2024 19:57

Patel Engg. Ltd. - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement

Allotment Committee at its meeting held on today April 25, 2024 passed the following resolutions:\r\n1) Approved the closure of the issue period for the issue today i,e. April 25, 2024.\r\n2) Determined and approved the allocation of 7,07,58,889 Equity shares at an issue price of Rs. 56.53 per Equity shares. \r\n3) Approved and adopted the placement document\r\n4) Approved and finalised the confirmation of allocation note to be sent to eligible qualified institutional buyers