Iris Mediaworks has informed that the meeting of the Board of Directors of the Company is scheduled to be held on 8th February, 2019 at the Registered Office of the Company, to consider discuss and approve expansion of business activities in the Media and Telecom business of the Company; acquisition of business/stake in Companies with the Media and Telecom business, in order to increase the Company’s products and offerings; valuation of the new businesses for such acquisition; decide on the cost and nature of consideration for such acquisition; appointment of Directors on the Board of the Company; name change of the Company, subject to approval of members of the Company; and any other business items with the permission of the Chair. Pursuant to Companies Code of Conduct for prevention of Insider Trading in Shares of the Company, the Trading window shall remain closed for dealing in the Company’s Shares for all the Board Members and designated Employees from 6th February, 2019 to until forty-eight hours from the conclusion of the said Board Meeting.
The above information is a part of company’s filings submitted to BSE.
