Dish TV India Ltd has informed that the Board of Directors of the Company at its meeting held on October 03, 2008, inter alia, has decided for issue of 518181818 equity shares of face value of Re 1/- (Equity Shares) of the Company for cash at a price of Rs 22/- Per equity share including a premium of Rs 21/- per equity Share aggregating to Rs 113,999 lakhs to the equity Shareholders of the Company on rights basis in the Ratio of 121 equity shares for every 100 equity shares held on the record date in terms of the letter of Offer (issue).
The total issue price is 22 (twenty two) times of the face value of the equity share. The issue price for the Equity shares will be paid in 2(Two) installments; 50% issue Price will be payable on application and balance 50% of the Issue price will become payable at the option of the Company.
The total issue price is 22 (twenty two) times of the face value of the equity share. The issue price for the Equity shares will be paid in 2(Two) installments; 50% issue Price will be payable on application and balance 50% of the Issue price will become payable at the option of the Company.
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