Network 18 Fincap Private Limited acquires 300000 shares of TV18 at Rs.601

Television Eighteen India Ltd has announced that pursuant to the sanction to the Scheme of Arrangement by the Hon´ble High Court of Delhi, Network 18 Fincap Private Limited (previously known as SGA Finance and Management Services Private Limited) has further acquired 3,00,000 equity shares of Television Eighteen India Limited ("TV18") from Mr. Raghav Bahl by way of block deal executed on the stock exchange on August 14, 2006 at Rs.601.00 per share.

Source : Equity Bulls

Keywords