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Quadrant Televentures gets High Court approval for reduction of capital

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Capital Market
Last Updated : Jul 23 2014 | 11:53 PM IST

To reduce equity share capital to Rs 61.22 crore

Quadrant Televentures announced that the Company has received approval of the Hon'ble Bombay High Court for reduction of paid up capital vide order dated 04 July 2014 and received on 17 July 2014.

Accordingly, the issued, subscribed and paid up equity share capital of the Company shall be Rs 61.22 crore dividend into 61,22,60,268 equity shares of Re 1 each from the existing paid up capital of Rs 612.26 crore comprising of 61,22,60,268 equity shares of Rs 10 each.

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First Published: Jul 23 2014 | 9:01 AM IST

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