Wednesday, January 16, 2008

PTC India - Allotment Of Shares

PTC India Ltd has informed that the Company has decided to allot 77,419,000 equity shares of Rs 10 each fully paid up at the issue price of Rs 155 per equity share aggregating to an issue size of Rs 11,99,99,45,000/- in favour of 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. ABN AMRO Securities (India) Pvt Ltd and Kotak Mahindra Capital Company Ltd acted as Book Running Lead Managers for the issue.

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