Executive Dossier
Adlabs board approves preferential allotment of equity shares
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MUMBAI: Adlabs Films’ board, which met on Tuesday, has approved the allotment of equity shares of face value Rs 5 each at a premium of Rs 145 per share issued on preferential basis. |
| The aggregated allotment is 14 per cent of the total post issue paid up equity share capital of the company for a total consideration of Rs 525 million. |
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Bear, Steams & Co and Arisaig Fund (India) were allotted 17,50,000 equity shares each. |
