Reliance MediaWorks Ltd allots 147,082,661 shares

The Committee of Board of Directors of Reliance MediaWorks Ltd at its meeting held on September 16, 2013, has allotted 147,082,661 equity shares of Rs. 5/- each at a premium of Rs. 35/- per share to the successful applicants who subscribed to the Rights Issue of the Company.

Shares of Reliance MediaWorks Ltd was last trading in BSE at Rs.45.10, down by Rs.1.05 or 2.28%. The stock hit an intraday high of Rs.47 and low of Rs.44.65.

The total traded quantity was 0.21 lakhs compared to 2 week average of 0.46 lakhs.

Source : Equity Bulls

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