The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 21, 2021 for DB Consolidated Pvt Ltd
Direct-to-home company Dish TV India Ltd on Monday said its board has approved raising up to Rs 1,000 crore through a rights issue in one or more tranches.
Buyback by Jagran Prakashan Limited of its fully paid-up equity shares of face value of INR 2/- each from the open market through stock exchanges under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended.
The Board approved the raising of funds through Rights Issue by issuance of Fully paid-up equity shares of the Company for an amount aggregating upto Rs. 1000 crores (Rupees One Thousand crores) at price of INR 10 (Rupees Ten only) for each fully paid up equity share (including a premium of INR 9 per fully paid up equity share) to eligible equity shareholders of the Company as on the record date (to be finalised and notified subsequently) in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the "Rights Issue"). Further, the Board authorized the 'Fund Raising Committee'' to proceed with Rights Issue forthwith, and inter-alia decide the other terms and conditions of the Rights Issue including setting the record date, appointment of intermediaries as may be required, finalization of the Letter of Offer and other related matters.
The Board approved the raising of funds through Rights Issue by issuance of Fully paid-up equity shares of the Company for an amount aggregating upto Rs. 1000 crores (Rupees One Thousand crores) at price of INR 10 (Rupees Ten only) for each fully paid up equity share (including a premium of INR 9 per fully paid up equity share) to eligible equity shareholders of the Company as on the record date (to be finalised and notified subsequently) in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (the "Rights Issue").
This has reference to news item appearing in ww.livemint.com informing about a potential merger of Viacom18 and Zee Entertainment Enterprises Limited through a share swap deal. We herewith confirm that there is no such transaction being undertaken and the matter is speculative in nature.
The merger of Viacom18 and Zee is proposed to be done through a share swap deal. The talks started a few weeks ago, and the deal is unlikely to involve any cash transaction
In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, as amended from time to time, please find attached herewith the disclosure of related party transactions on consolidated basis for the financial year ended as at March 31, 2021.
Buyback by Jagran Prakashan Limited of its fully paid-up equity shares of face value of INR 2/- each from the open market through stock exchanges under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended.
