Please sign in or register
Existing users sign in here
Having trouble signing in?
Contact Customer Support at
[email protected]
or call+91 22 69489600
May 12, 2008
UTV closes deal with The Walt Disney Company
UTV Software Communications Ltd has today announced the successful closure of its preferential allotment to The Walt Disney Company (South East Asia) Pte Ltd.With this the Promoter Group and Disney will have equal stake of 32.10% in UTV.This was approved today, where the committee allotted 93,52,500 equity shares of Rs. 10/- each at an issue price of Rs. 860.79 per equity share aggregating to around Rs. 8050 million (USD 203 million). The Promoter Group have also subscribed to 45,32,000 warrants at the same issue price.
Top news, insights and analysis every weekday
Sign up for Campaign Bulletins
Most Read
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
.jpg&h=334&w=500&q=100&v=20250320&c=1)
Related Articles
.jpg&h=268&w=401&q=100&v=20250320&c=1)
Just Published
Advertising
15 minutes ago
FutureBrand global CEO Nick Sykes and executive ...
FutureBrand will now report to McCann’s local offices instead of McCann Worldgroup.
.jpg&h=268&w=401&q=100&v=20250320&c=1)
Advertising
1 hour ago
Akshar Yoga unveils national breathing initiative ...
A new campaign from Akshar Yoga Kendraa encourages citizens to adopt short daily breathwork practices amid worsening air-quality conditions.
.jpg&h=268&w=401&q=100&v=20250320&c=1)
Advertising
2 hours ago
Hockey India launches new ‘Big. Is. Back.’ campaign ...
Hockey India has released a new campaign to build anticipation for the upcoming Hero Hockey India League season, supported by a wide-reaching marketing rollout.
.jpg&h=268&w=401&q=100&v=20250320&c=1)
Advertising
2 hours ago
MuscleBlaze launches long-form series spotlighting ...
MuscleBlaze’s new long-form content series focuses on authentic athlete journeys and reinforces the brand’s commitment to deeper fitness storytelling.
