Business Daily from THE HINDU group of publications
Tuesday, Aug 22, 2006
Business Daily from THE HINDU group of publications Tuesday, Aug 22, 2006 |
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Info-Tech
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Preferential Allotments Color Chips' preferential offer V. Rishi Kumar
Hyderabad , Aug. 21 Color Chips India Ltd has informed BSE on Monday that the members at the EGM authorised the board to allot 37 lakh preferential equity shares of Rs 10 each. These shares will be allotted to Color Chips Animation Park Ltd (7 lakh equity shares) and Cyber Toons Pvt Ltd (3 lakh equity shares) among others. The board has also been authorised to issue, offer and allot Global Depository Receipts or any other instrument for an aggregate sum up to $10 million (about Rs 45 crore), subject to necessary provisions and approvals.
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