Reliance MediaWorks to consider Rights Issue

A meeting of the Board of Directors of Reliance MediaWorks Ltd will be held on July 25, 2012, to consider, raising of long term resources by issue of equity shares on Rights basis to the equity shareholders of the Company.

The Reliance MediaWorks Ltd stock was trading at Rs.60.60, down by Rs.0.60 or 0.98%. The stock hit an intraday high of Rs.62 and low of Rs.59.70.

The total traded quantity was 1.19 lakhs compared to 2 week average of 1.86 lakhs.

Source : Equity Bulls

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