Hacked by islam_Bey imhatimi.org

Sanguine Media Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 04, 2008, inter alia, has approved the following:

1. Price for the Rights issue is Rs 23/- per equity share (i.e. Rs 10/- face vale and Rs 13/- Premium) and the ratio of entitlement will be one equity share for every one equity share held.

2. The Board appointed a committee, and empowered the powers to the committee to fulfill the requirements of rights issue with SEBI / Stock Exchanges / Govt wherever necessary.

Tags: Sanguine Media

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