D B Corp updates on share subscription and shareholder's agreement

Image
Capital Market
Last Updated : Apr 17 2015 | 1:28 PM IST

D B Corp allotted 10 lakh CCDs in subsidiary, DB Infomedia

D B Corp announced that a tripartite Share Subscription and Shareholder's Agreement has been executed among D. B. Corp Ltd., DB Infomedia (a Wholly Owned Subsidiary of D. B. Corp Ltd.) and Varun Malhotra.

Vide this agreement, D B Corp will be allotted 10,00,000 (Ten Lakh) Compulsorily Convertible Debentures (CCDs) of Rs. 10/- each at par and Mr. Varun Malhotra will be allotted 5,000 (Five Thousand) Equity Shares of Rs. 10/- each at par in DB Infomedia.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 17 2015 | 12:52 PM IST

Next Story