Swajas Air IPO closing date extended, price cut

Swajas Air IPO closing date extended, price cut

29-Sep-2011

The public issue of Swajas Air Charters, a non-scheduled airline operator servicing a fleet of fixed-wing aircraft and helicopters across India, will now close on October 5 with a revised price band of Rs 84 to Rs 90 per share, according to NSE (National Stock Exchange of India) website.

The BRLM to the issue has informed the exchange that the Issue will close on October 5 instead of earlier closing day of September 28. Further, the price band has been revised to Rs 84 to Rs 90 per share as against Rs 90 to Rs 100 fixed earlier. (Full story)

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