D B Corp allotted 10 lakh CCDs in subsidiary, DB Infomedia
D B Corp announced that a tripartite Share Subscription and Shareholder's Agreement has been executed among D. B. Corp Ltd., DB Infomedia (a Wholly Owned Subsidiary of D. B. Corp Ltd.) and Varun Malhotra.Vide this agreement, D B Corp will be allotted 10,00,000 (Ten Lakh) Compulsorily Convertible Debentures (CCDs) of Rs. 10/- each at par and Mr. Varun Malhotra will be allotted 5,000 (Five Thousand) Equity Shares of Rs. 10/- each at par in DB Infomedia.
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