Brief: Zee Media Corp Approves Sale Of Stake In Unit Ez-Mall Online
28/06/2018 15:22
June 28 (Reuters) - Zee Media Corporation Ltd ZEEN.NS :
* APPROVES SALE OF ENTIRE STAKE IN UNIT EZ-MALL ONLINE TO
ALTILIS TECHNOLOGIES FOR 86 MILLION RUPEES
* APPROVED SUBSTITUTION OF CO'S INVESTMENT OF 215 MILLION
RUPEES
IN OPTIONALLY CONVERTIBLE DEBENTURES OF EZ-MALL INTO NCDS OF
EQUIVALENT VALUE
Source text: http://bit.ly/2tLce4A
Further company coverage: ZEEN.NS
((Reuters.Briefs@thomsonreuters.com;))
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