Next Mediaworks has informed that a meeting of the Board of Directors of the Company will be held on February 15, 2017, to consider and approve issue of equity shares, on preferential basis, to Ferari Investments And Trading Company (Promoter Group entity) for an amount not exceeding Rs 3.50 Crores. Further, as per the Company’s Code of Conduct for Prohibition of Insider Trading, the Trading Window for dealing in the securities of the Company will remain closed for Directors, Officers and the Designated Employees of the Company from February 10, 2017 to February 17, 2017.
The above information is a part of company’s filings submitted to BSE.
