Brief: Colorchips New Media Says GEM Global Yield Gave Co Term Sheet To Buy Co's Shares
22/08/2022 12:27
Aug 22 (Reuters) - Colorchips New Media Ltd COLC.BO :
* GEM GLOBAL YIELD LLC SCS HAS GIVEN TERM SHEET TO BUY CO'S
SHARES
WITH DRAW DOWN FACILITY UP 2 BILLION RUPEES
* BOARD NEEDS CLARIFICATIONS, AUTHORIZED MD TO NEGOTIATE
FURTHER
ON DEAL
Source text for Eikon: ID:nBSENzpD9
Further company coverage: COLC.BO
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