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| Exchange Disseminated Time | Hathway Cable & Datacom Ltd has informed BSE that the Board of Directors of the Company vide circular resolution passed on August 27, 2013, has approved, subject to the shareholders and other necessary approvals and compliance with applicable laws and regulations, the issuance of 35,21,000 fully paid-up equity shares of face value of Rs.10 each (the Equity Shares) of the Company to the investors (as per the list and in such number of Equity Shares as specified against each of their names), at a price of Rs. 284/- per Equity Share aggregating to Rs. 99,99,64,000/- (Rupees Ninety Nine Crores Ninety Nine Lacs Sixty Four Thousand only) by way of a preferential allotment pursuant to the provisions of Section 81(1A) of the Companies Act) 1956 and other applicable legal provisions, including but not limited to Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the Preferential
Allotment). |
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