Deccan Chronicle Board approves issue of 35,00,000 shares at Rs.640

Deccan Chronicle Holdings Ltd has announced that the Board of Directors of the Company at its meeting held on November 23, 2006 has accorded its approval to the issue and allotment of 35,00,000 equity shares in dematerialized form of face value of Rs 10 each of the company at a premium of Rs 630/- per equity share aggregating to Rs 640/- per equity share to the proposed allotees.

Source : Equity Bulls

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