Anant Raj Limited has announced the approval of a qualified institutions placement (QIP) issue. The board’s Finance and Investment Committee authorized the opening of the issue on October 7, 2025. The floor price for the QIP has been set at ₹695.83 per equity share. The company may offer a discount of not more than 5% on the floor price. Proceeds will be used for corporate purposes.
QIP Issue Approved
Anant Raj Limited has officially approved a qualified institutions placement (QIP) issue of equity shares. This decision came during a meeting of the Finance and Investment Committee of the Board held on October 7, 2025.
Key Details of the Issue
The Finance and Investment Committee authorized the opening of the QIP issue on October 7, 2025. The floor price for the issue has been established at ₹695.83 per Equity Share.
Potential Discount
Anant Raj Limited may offer a discount of no more than 5% on the determined floor price for the QIP issue. The final issue price will be determined in consultation with the book running lead managers.
Trading Window Closure
The trading window for dealing in the company’s securities has been closed since October 1, 2025, and will remain closed until 48 hours after the declaration of unaudited financial results for the six months ended June 30, 2025.
Source: BSE