Updates
In relation to our earlier communication dated November 28, 2016, February 23, 2017 and February 27, 2017 for the proposed initial public offering of the equity shares of our subsidiary, MBL, Jagran Prakashan Limited has been informed that the Offer price has been fixed at ` 333 per equity share of MBL. You are requested to take note of the same. Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagran Media Network Investment Pvt Ltd Disclosures under SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for IL&FS; Financial Services Ltd Updates
Music Broadcast Limited, subsidiary of the Company has commenced broadcast from its Radio Station at Bikaner (which was acquired under Phase III auctions held last financial year). Proposed initial public offering of equity shares of the subsidiary, Music Broadcast Limited ("MBL" and such initial public offering, the "Offer")
With reference to the earlier communication dated November 28, 2016 and February 23, 2017 for the proposed initial public offering of equity shares of our subsidiary, MBL, Jagran Prakashan Ltd has now informed BSE that the Price Band has been fixed at Rs. 324 to Rs. 333 per equity share of MBL. IPO listing for Jagran Prakashan's MBL
The red herring prospectus of Jagran Prakashan Ltd's proposed IPO for its company subsidiary, Music Broadcast Limited (MBL) has been approved on February 23, 2017. MBL, the radio arm of the company, would have an issue of upto Rs. 400 crore, and will be the second radio company after the Times Group radio arm to list on the bourses. The offer will be open for subscription to public on Monday, March 06, 2017 and close on Wednesday, March 08, 2017. Proposed initial public offering of equity shares of subsidiary, Music Broadcast Limited ("MBL" and such initial public offering, the "Offer")
Jagran Prakashan Ltd has informed BSE that, in relation to the proposed initial public offering of equity shares of Company's subsidiary, MBL, Jagran Prakashan Limited has been informed that the red herring prospectus filed by MBL with Registrar of Companies, Mumbai has been approved on February 23, 2017.The Offer will be open for subscription to public on Monday, March 06, 2017 and shall close on Wednesday, March 08, 2017. Updates on Buy back Offer
ICICI Securities Ltd ("Manager to the Buy back Offer") has submitted to BSE a Copy of Draft Letter of Offer regarding Buy back Offer to the Equity Shareholders/ beneficial owners of Equity Shares of Jagran Prakashan Ltd ("Target Company"). Updates on Subsidiary of the Company
Jagran Prakashan Ltd has informed BSE that Music Broadcast Limited, subsidiary of the Company has commenced broadcast from its Radio Station at Madhurai (which was acquired under Phase III auctions held last financial year).The frequency for Madhurai location is 91.9 F.M. Buy back Offer
ICICI Securities Ltd ("Manager to the Buy back Offer") has submitted to BSE a Copy of Public Announcement to the Equity Shareholders/ beneficial owners of Equity Shares of Jagran Prakashan Ltd ("Target Company") for buy back of Equity Shares through Tender Offer.