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Board Meeting-Outcome of Board Meeting

| Updated on March 27, 2018 Published on March 27, 2018

This is to inform you that the Board of the Company at its meeting held on Tuesday, March 27, 2018 has allotted 3,19,64,200 (Three Crores Nineteen Lakhs Sixty Four Thousand & Two Hundred) Equity Shares (face value of Rs.10/- each and Premium of Rs. 52.57/- each) at a price of Rs. 62.57/- each being the floor price calculated in accordance with Securities and Exchange of Board of India (SEBI) (Issue of Capital Disclosure Requirements) Regulations, 2009 to Zee Learn Limited on preferential basis. The Preferential allotment was approved by the members of the Company in the Extra-Ordinary General Meeting held on March 12, 2018 and in-principle approvals was received from BSE Limited and National Stock Exchange of India Limited vide their letter dated March 22, 2018 and March 16, 2018, respectively, in accordance with the SEBI (LODR) Regulations, 2015.The meeting of the Board of Directors of the Company commenced at 3.30 pm and concluded at 04.45 p.m.

Pdf Link: Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 27, 2018
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