JMD Telefilms allots 50 lakh shares

JMD Telefilms Industries Ltd has announced that the Board of Directors of the Company at its meeting held on February 26, 2009, inter alia, have allotted 50,00,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 7/- per share under Section 81 (1A) of the Companies Act, 1956 pursuant to the authority given by the member by way of passing Resolution through Postal Ballot on January 20, 2009 & in-principal approval given by Stock Exchange vide their letter dated February 19, 2009.

Source : Equity Bulls

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