Brief: Sambhaav Media approves issue of warrants convertible into shares

Sambhaav Media

12/08/2016 08:14

Aug 12 (Reuters) - Sambhaav Media Ltd  SMBH.NS : 
 * Approved issue of 45 million warrants convertible into shares to the persons 
   belonging to the promoters and non-promoters 
 
 * Source text: Sambhaav Media Ltd has informed BSE that the Board of Directors of the Company was commenced at 11.30 a.m. and concluded at 12.15 p.m. on August 12, 2016, has considered and approved the following: - Issue of 45000000 (Four Crore Fifty Lac Only) Warrants convertible into equivalent number of equity shares of Re. 1/- each at an issue price of Rs. 5/- per share (including premium of Rs. 4/-) to the Persons belonging to the Promoters and Non-promoters on private placement basis. 
 
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