Rap Media allots Shares on preferential basis at Rs.377

Rap Media Ltd has announced that the Board of Directors of the Company at its meeting held on September 13, 2006, has allotted 881000 equity shares of Rs 10/- each at a premium of Rs 377 per share to the following allottees on preferential basis.

1. Nidhi Polyester Ltd - 130000 equity shares

2. Jai Corp Ltd - 350000 equity shares

3. Polyole Fiber Ltd - 401000 equity shares

Source : Equity Bulls

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