Sunday, May 11, 2008

Stock tips: UTV Software

UTV Software Communications Ltd has informed that pursuant to the authority granted by the Board of Directors to the Shareholders Investor / Grievance Committee, the committee at their meeting held on May 09, 2008 allotted 93,52,500 equity shares of Rs 10/- each at a issue price of Rs 860.79 per equity share aggregating to around Rs 8050 million to The Walt Disney Company (Southeast Asia) Pte Ltd on the terms contained in the resolution approved by the members at their Extra Ordinary General meeting held on March 17, 2008.

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