Board of MT Educare approves preferential issue of shares to Zee Learn

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Capital Market
Last Updated : Feb 15 2018 | 9:50 AM IST

At meeting held on 14 February 2018

The Board of MT Educare at its meeting held on 14 February 2018 has approved the following subject to shareholders approval -

Increase in authorised share capital of the company from Rs 52 crore to Rs 80 crore.

Approved preferential issue of upto 3.19 crore equity shares at a price of Rs 62.57 aggregating upto Rs 200 crore to Zee Learn.

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First Published: Feb 15 2018 | 9:36 AM IST

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