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Board of Adlabs Entertainment approves preferential allotment of equity shares

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Capital Market
Last Updated : Dec 15 2017 | 1:31 PM IST

At meeting held on 15 December 2017

Adlabs Entertainment announced that the Board of Directors of the Company at its meeting held on 15 December 2017 have approved allotment of 69,15,629 Equity Shares of face value of Rs. 10/- each at issue price of Rs. 72.30/- per equity share (including premium of Rs. 62.30/-) to a body corporate other than promoter and promoter group i.e. Shaan Agro and Realty India (Formerly Shaan Agro) on preferential issue basis.

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First Published: Dec 15 2017 | 1:07 PM IST

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