Channel Nine Entertainment Board approves Rights issue of equity shares

The Board of Directors of Channel Nine Entertainment Ltd at its meeting held on June 09, 2014 has approved raising the funds by way of right issue of Equity Shares in the ratio of 1 equity shares for 2 equity shares held by the existing shareholders of the Company.

Shares of CHANNEL NINE ENTERTAINMENT LTD. was last trading in BSE at Rs.476 as compared to the previous close of Rs. 474.1. The total number of shares traded during the day was 29000 in over 58 trades.

The stock hit an intraday high of Rs. 476.9 and intraday low of 474. The net turnover during the day was Rs. 13784500.

Source : Equity Bulls

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