Tarini International announced that the company is going to fix issue price on Jun. 9, 2014. It is offering 163 million shares of Rs 10 each. It has set price at Rs 41 a share.
The issue will constitute 30.60% and 29.06% of the post-issue paid-up equity share capital of the company. The issue will close on Jun. 13, 2014.
Shares offered through fixed price issue are proposed to be listed on the BSE SME Platform.
Tarini International has evolved as an engineering arm to provide financial and technical consultancy related to hydro power generation, transmission and distribution and infrastructure.