Amber Enterprises to launch equity issue at INR 7,790.88 per share
Amber Enterprises India Limited (Amber) announced its decision to undertake a qualified institutions placement of equity shares, each with a face value of INR 10. The company's fund raising committee, following approvals from the board of directors on July 12, 2025, and shareholders on August 11, 2025, approved the opening of the issue on September 16, 2025.
The floor price for the issue has been set at INR 7,790.88 per equity share, calculated based on pricing formulas prescribed under SEBI ICDR regulations. The "relevant date" for the issue was also fixed as September 16, 2025. Amber may offer a discount of up to 5% on this floor price.
A preliminary placement document dated September 16, 2025, along with an application form, will be filed with BSE Limited and National Stock Exchange of India Limited. The trading window for designated persons and their immediate relatives has been closed until further notice, in accordance with insider trading regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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