|
| Exchange Disseminated Time 15/02/2017 16:44:31 | Next Mediaworks Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 15, 2017, inter alia, has approved the following:
1. Issue upto 1,557,632 (Fifteen Lacs Fifty Seven Thousand Six Hundred and Thirty Two) equity shares for an amount not exceeding Rs. 35,000,000/- (Rupees Three Crores and Fifty Lacs Only) on preferential basis to Ferari Investments and Trading Company Private Limited (Promoter Group entity), subject to the approval of the shareholders.
2. Constitution of Allotment Committee for the purpose of allotment of the equity shares to the allottee as mentioned above.
3. Convening of Extra Ordinary General Meeting of the members of the Company on March 17, 2017.
The aforesaid meeting commenced at 3.00 pm and concluded at 4.30 pm. |
|
|