Cable television services firm Den Networks has raised Rs 689.67 crore through preferential share allotment to affiliates of the Goldman Sachs Inc. The company has alloted 3.17 crore equity shares at Rs 217.50 apiece on preferential basis to Goldman Sachs Inc’s affiliates Broad Street Investments (Singapore) and MBD Bridge Street 2013 Investments (Singapore).
Post preferential share issue, Broad Street Investments’ (Singapore) shareholding in the company increased to 16.18% and MBD Bridge Street 2013 Investments’ (Singapore) shareholding rose to 1.62%.
Earlier on June 5, shareholders of the company had approved with the requisite majority the issue and allotment of shares to Broad Street Investments (Singapore) and MBD Bridge Street 2013 Investments (Singapore).
| Company Name | CMP |
|---|---|
| Zee Entertainment | 87.30 |
| Sun TV Network | 642.60 |
| GTPL Hathway | 68.16 |
| Network 18 Media Inv | 35.89 |
| TV Today Network | 116.00 |
| View more.. | |
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