E2E Networks Limited has informed the Exchange that the Fund Raise Committee of the Board, at its meeting held today i.e. February 25, 2026, has inter alia considered and approved the following in relation to the proposed Qualified Institutions Placement (QIP):a. Opening of the QIP Issue on February 25, 2026; b. The Floor Price for the Issue, being Rs. 2,630.60 per Equity Share (Floor Price), determined in accordance with the pricing formula prescribed under the SEBI ICDR Regulations, 2018; and c. Adoption of the Preliminary Placement Document dated February 26, 2026, together with the application form, in connection with the Issue and matters incidental thereto
E2E · price
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E2E Networks Limited has launched a Qualified Institutions Placement (QIP) to raise funds from institutional investors. The Fund Raise Committee approved the opening of the issue on February 25, 2026 and set the floor price at Rs. 2,630.60 per equity share (face value Rs. 10), calculated as per SEBI ICDR Regulations. The company may offer a discount of up to 5% on this floor price, and the final issue price will be decided in consultation with the lead manager. The board had earlier approved this fundraising in September 2025, and shareholders gave their consent via postal ballot in October 2025. The trading window for designated persons has been closed until 48 hours after the issue price is determined.
The QIP will result in dilution of existing shareholders as new equity shares are issued to institutional investors. The final issue price (which could be at, above, or up to 5% below the floor price) will likely determine short-term stock price sentiment, with potential pressure if priced at a significant discount to the current market price.