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Wednesday, February 22, 2006

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News Update as at 18.00 hrs (IST)

Info-Tech
Media Video allots 2.68 cr share warrants

MUMBAI: Media Video Ltd on Wednesday said that it has allotted 2.68 crore convertible share warrants to Bennett Coleman and Co Ltd and other investors for Rs 80.60 crore.

The board of directors has approved the allotment of 2.68 crore convertible share warrants of the company to BCCL, NRIs, promoters and other strategic investors at Rs 30 per warrant on preferential basis, the company informed the Bombay Stock Exchange. - PTI

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