iWorld

Balaji may formalise RIL stake purchase at 16 Aug EGM

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public?itok=O0F3fnj4

MUMBAI: Balaji Telefilms, in a communique to the BSE and the National Stock  Exchange, intimated about its extraordinary general meeting to be held on 16 August at "The Club", 197, Juhu Versova Link Road, Opp.  D. N. Nagar  Police Station, Andheri (W), Mumbai- 400 053, Maharashtra.  The  cut-off   date   for   determining  the  shareholders  eligible   for   e-voting  is 9 August, 2017..

The meeting proposes to conduct special business. Increase in authorised share capital: To consider and,  if thought fit, to pass, with or without modification, the following resolution as Ordinary Resolution: ?Resolved that, in accordance with Sections 4, 13 and  61 and  other applicable provisions, if any, of the Companies Act, 2013 and  rules made thereunder, and  applicable provisions of the Articles of Association of the Company and  any other applicable law or laws,  rules  and  regulations (including  any  amendments thereto or re-enactment thereof  for the  time being in force),  the authorised share capital  of the Company be and  is hereby increased from Rs. 260 million divided  into 100 million equity  shares of Rs.  2  each and  30 million Preference Shares of Rs. 2 each to Rs. 360 million  divided into 150 million Equity Shares of Rs. 2 each and  Rs. 60 million divided  into 30 million Preference Shares of Rs. 2 each.

Issue of 25.2 million equity shares on a preferential allotment / private placement basis: To consider and  if thought fit, to pass, with or without modification, the resolution as a Special Resolution: Balaji is seeking consent of the  members of the  company to create, issue, offer and  allot 2,52,00,000 equity  shares of the  Company of the  face  value  of Rs. 2/- each (?Equity Shares?) at a price  of Rs. 164/- which includes a premium of Rs. 162/- per Equity Share aggregating to Rs. 4.13 billion to Reliance Industries Limited in accordance with ICDR Regulations.

ALSO READ :

Reliance Industries buys Balaji Telefilms stake for Rs 4.13 bn

ALTBalaji is essentially everything that Balaji on TV is not: Sameer Nair

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/17/global.jpg?itok=w_6BSl-1
Esports industry expected to reach $3 bn by 2021

When everything is going online, what’s there to stop sports? With improved internet speed, smartphone penetration, government digital push and highest youth population, Esports in India has the right territory for growth. In the third edition of Times of India Global Sports Show (GSS) 2018,...

iWorld Gaming
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/15/Facebook_Watch.jpg?itok=7EuknaXs
Facebook Watch garners 400mn monthly users

Three months since the global launch of Facebook Watch, there are already already more than 400 million people monthly and 75 million people daily who spend at least one minute, revealed head of video at Facebook Fidji Simo.

iWorld Social Media
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/youtube.jpg?itok=TwiG5A8s
YouTube removed 7.85 mn videos last quarter

According to Google’s YouTube community guidelines enforcement report, YouTube removed 7.85 million videos and 1.67 million channels in its last quarter.

iWorld Social Media
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/15/hotstar_800.jpg?itok=cvtBpj7Z
Star India adopts Hotstar-only model in US, channels to go off cable TV from 5 January

There’s a lot happening at Star India at the moment with its integration into the media and entertainment giant Disney underway. A crucial aspect of that arrangement played out on Thursday as president 21st Century Fox, Asia and chairman and CEO of Star India Uday Shankar was named chairman Star...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/voot.jpg?itok=pN1o0lJn
Voot to stream 'It’s not that simple' S2

Voot is all set to roll out its original series, It’s Not That Simple—S2, starting 14 December 2018.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/eros.jpg?itok=8oY_53Ap
Eros Now Expands its Presence in Indonesia Through Partnership with XL Home of XL Axiata

Eros International PLC (NYSE:EROS) (“Eros”), a leading global company in the Indian film entertainment industry, announced today that Eros Now, its cutting-edge digital over-the-top (OTT)

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/14/amazon.jpg?itok=mipYjx0N
Amazon Prime Video announces ‘Breathe’ S2

Amazon Prime Video today announced that it has commenced the production of an all-new season of the Prime Original Series, Breathe.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/paytm.jpg?itok=NXuhGUck
Paytm Money enables ‘UPI Payment’ facility for Mutual Fund Investments

Paytm Money - India's largest online only platform for Mutual Fund investments & the wholly owned subsidiary of One97 Communications Limited which owns the brand Paytm, today announced that its investors can now make mutual fund investments using UPI based payment mode on the app.

iWorld e-commerce
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/12/13/insta_0.jpg?itok=yPWoeSHU
Instagram's Year In Review sees heart emoji top the charts

Facebook-owned photo and video-sharing platform Instagram has released its ‘Year In Review’ 2018 report, sharing all the different ways Instagram's global community expressed itself to get closer to the people – and things – they love.

iWorld Social Media

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories