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

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.

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