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Sri
Adhikari Brothers Television Network Ltd, at its board meeting
today, approved the increase of authorized capital from
10 million equity shares having face value of Rs 10 each
to 15 million equity shares.
The
board also cleared the issue of warrants to the core promoters,
tallying up to 2.62 million equity shares on conversion.
The
company is seeking shareholders approval for these moves,
an official release states.
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