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 Markets - Preferential Allotments


Mid-Day Multimedia allots pref shares to T Rowe Price

Our Bureau

Mumbai, Aug. 25

MID-DAY Multimedia Ltd has informed the stock exchanges that it would issue 21.90 lakh shares on preferential basis to T Rowe Price International to raise Rs 17.95 crore.

The board of directors has decided to issue and allot 21.90 lakh fully paid-up equity shares of Rs 10 each of the company for a price of Rs 82 a share, aggregating to Rs 17.95 crore to T Rowe Price International, the company informed the BSE.

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