Cyber Media (India) Limited, largest specialty media house in South Asia and amongst India’s top five magazine brands
has informed the exchange regarding the preferential issue of equity shares of the company.
The type of the security which is proposed to be issued is Equity Shares and the issuance type is Preferential issue.
Total 28,00,000 equity shares is to be issued with the face value of Rs10 each at a price of Rs10 each.
Proposed Equity Shares shall be allotted to Pradeep Gupta and Dhaval Gupta, Promoter & Promoter's Group of the Company.
Cyber Media (India) was currently trading at Rs12.60 per piece up by Rs0.6 or 5% from its previous closing of Rs12 per piece on the BSE, at around 12:15 PM
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