Following the approval, the company will issue 8 million units of shares worth Rs 800 million at a face value of Rs 100 per unit.
Out of the total offered shares, 1.7 million units i.e. 21.25% have been set aside for the general public. The remaining 6.3 million (78.75%) have been allocated to other groups.
The company has appointed Muktinath Capital Limited as issue manager.
