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| Exchange Received Time 10/03/2017 20:03:18 Exchange Disseminated Time 10/03/2017 20:03:22 Time Taken 00:00:04 | | In relation to our earlier communication dated November 28, 2016, February 23, 2017, February 27, 2017 and March 09, 2017 for the proposed initial public offering of the equity shares of our subsidiary, MBL, Jagran Prakashan Limited has been informed that the Prospectus filed by MBL with the Registrar of Companies, Mumbai, has been approved on March 10, 2017. The Offer comprises of a fresh issue aggregating up to Rs.4,000 million and an offer for sale of up to 2,658,518 equity shares of MBL by the selling shareholders at the Offer price of Rs.333 per equity share of MBL. |
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