Jagran Prakashan has subscribed on rights basis ("Rights Issue") 25,00,000 equity shares in its immaterial wholly-owned subsidiary, Mid-day Infomedia, of Rs 10 each at a premium of Rs 10 per share, for cash.
Post the allotment of shares as above, Mid-day Infomedia shall continue to be a wholly owned subsidiary of the Company.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
