Broadcast Initiatives Limited to list in BSE and NSE on March 7, 2007

The equity shares of Broadcast Initiatives Limited will list in NSE and BSE on Wednesday - March 7, 2007.

The company recently came out with an IPO of equity shares through 100% book building process. The company issued shares at Rs.120 per share (Face Value of Rs.10/- and premium of Rs.110/-).

Bombay Stock Exchange has informed that effective from Wednesday, March 07,2007, the equity shares of Broadcast Initiatives Limited (Scrip Code: 532816) will be listed and admitted to dealings on the Exchange in the list of B1 Group Securities.

The equity shares of Broadcast Initiatives Limited (NSE code: BROADCAST) shall be listed and admitted to dealings on the National Stock Exchange w.e.f. March 7, 2007. Trading shall be in the Normal Market Segment - Compulsory Demat (Rolling Settlement) for all investors.

The registrar to the issue is INTIME SPECTRUM REGISTRY LIMITED. The website of Registrar is www.intimespectrum.com

Source : Equity Bulls

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