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Board of PVR approves preferential issue of equity shares

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Capital Market

At meeting held on 12 June 2015

PVR announced that the Board of Directors of the Company at its meeting held on 12 June 2015, approved subject to approval of the shareholders at the Extra ordinary General Meeting scheduled on 10 July 2015, issue of 50 lakh fully paid equity shares of the Company at a price of Rs 700 per share inclusive of premium aggregating to Rs 350 crore or at a price computed as per SEBI (ICDR) Regulations, which is higher, on preferential basis.

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First Published: Jun 12 2015 | 1:44 PM IST

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