The equity shareholders of Network 18 Media & Investments has approved the issue of 92,02,650 equity shares or compulsorily convertible instrument at a price of Rs 130 per equity share on preferential basis to SAIF III Mauritius Company, an investor unrelated to promoters.
This was approved at the extraordinary general meeting held on 02 July 2009.
This was approved at the extraordinary general meeting held on 02 July 2009.
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