Television Eighteen Board approve bonus issue

Television Eighteen India Ltd has announced that the Board of Directors of the Company at its meeting held on July 05, 2007, inter alia, has approved the following:

1. Convening of Annual General Meeting of the Company.

2. Subject to the approval of shareholders, the Board has approved the Issue of bonus share in the ratio of 1:1 (i.e. issue of 1 bonus share for every 1 equity share held on the Record Date to be fixed).

Source : Equity Bulls

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