| Intelivison, which was started with a seed capital
of Rs 30 lakhs by Pentamedia had been de-merged in 2001 after Pentamedia
diluted its stake in Intelivison to less than 30 per cent.
Now, the board is getting together to fine-tune the issue and allotment
of 15,300,000 equity shares by stock swap method to merge back Intelivison
with the erstwhile parent company Pentamedia. The members have already
approved the stock swap at the AGM held on 22 August 2003.
|
