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Reliance MediaWorks board approves $111 m rights issue
Published on Sun, May 29, 2011 at 15:16 | Source : Reuters
Updated at Mon, May 30, 2011 at 09:27
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Reliance MediaWorks board approves $111 m rights issue
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Reliance Media
BSE | NSE 30/05/11
The board of film and entertainment company Reliance MediaWorks has approved raising up to five billion rupees (USD 111 million) through a rights equity issue, the company said.
The timing, pricing and other details would be announced later, Reliance MediaWorks said in a statement to the stock exchanges late on Saturday.
Reliance MediaWorks, controlled by Indian billionaire Anil Ambani, operates cinemas, film and media services and television production.
Tags: Reliance MediaWorks, Anil Ambani
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abhishek_nagpal
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For free tip about this stock, visit yourstockquery dot blogspot dot com
28 min 4 sec ago
asmitabhardwaj
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0 Follower
we are happy if any positive happened in Anil Ambani company. as we feel he is going through intense pressure from number of situation.
12 hrs 47 min 36 sec ago
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