MoneyWorks4Me

DB Corp’s promoters to sell 11,927,000 equity shares of the company

08 Nov 2012 Evaluate

DB Corp’s promoters - Jyoti Agarwal and R. C. Agarwal has proposed to sell an aggregate of 11,927,000 equity shares of face value of Rs 10 each of the company on November 09, 2012 through a sale on the separate window provided by the BSE for this purpose. The sale shall commence on November 09, 2012 at 9.15 a.m. and shall close the same day at 3.30 p.m.

DB Corp is the only media conglomerate that enjoys a leadership position in multiple states, in multiple languages and is a dominant player in its all major markets. The company’s other business interests also span the radio segment through the brand - MY FM - radio station with presence in 7 states and 17 cities and a strong online presence in internet portals.

Peers
Company Name CMP
D.B. Corp 181.35
Jagran Prakashan 62.96
HT Media 24.55
Navneet Education 123.65
S Chand And Company 138.05
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