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Exchange Disseminated Time 05/11/2015 15:32:21 | GTL Infrastructure Ltd has informed BSE that the Company has entered into an agreement for advertisement with Bennett Coleman & Company Limited. The details as required under Clause 53 of Listing Agreement are furnished below:
1. Disclosures regarding the shareholding (if any) of such media companies/ associates in the issuer company - 8,820,000 equity shares of Rs. 10 each amounting to 0.38% of total paid up capital;
2. Any other disclosures related to such agreements, viz., details of nominee of the media companies on the Board of the issuer company, any management control or potential conflict of interest arising out of such agreements - Not Applicable;
3. Disclosures regarding any other back to back treaties / contracts / agreements / MoUs or similar instruments entered into by the issuer company with media companies and/or their associates for the purpose of advertising, publicity etc - No |
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