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| Exchange Disseminated Time | Infomedia 18 Ltd has informed BSE that the Rights Issue Committee of the Board of Directors of the Company at its meeting held on December 09, 2009, decided the following in respect of the Rights Issue of the Company:
1. Ratio: Every Equity Shareholder holding two equity shares of Rs. 10/- as on the Record Date shall be entitled to three equity share of face value Rs. 10/- each.
2. Pricing: Equity Shares in the Rights Issue are offered at Rs. 33.50 (including premium) per equity share.
3. Issue schedule : The Rights Issue Committee has decided that the Issue will open on December 29, 2009 and close on January 15, 2010, and the last date for request for Split Application Forms will be January 06, 2010. |
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