The board of Entertainment Network India has issued and allotted 4,350 fully paid up equity shares of face value Rs 10 each at a price of Rs 90 per share including securities premium of Rs 80 per share, for cash, aggregating to Rs 3,91,500 out of the un-issued share capital of the company upon exercise of the options by the option grantees on terms and conditions as stipulated in ENIL ESOS-2005.
These shares were allotted at the board meeting held on 24 October 2007.
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