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Bajaj Electricals prices QIP at Rs 785/share

Bajaj Electricals has priced its qualified institutional placement of 2.05 mn shares at Rs 785 a share.

Electrical appliances maker Bajaj Electricals Ltd said on Thursday it has priced its qualified institutional placement of 2.05 million shares at Rs 785 a share.

The company will raise Rs 1.6 billion via placement to institutional buyers,it said in a statement to the BSE.

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