Saturday, 6 July 2013

UTV Software Communications Exit Offer Final Closing -15-07-13 ( @ Rs.1100 )

Acquirers ,The Walt Disney Company ( Southeast Asia ) Pte Limited have extended the Exit Window to  15/07/3 for those shareholders who have not yet tendered their shares of UTV Software ( @ Rs.1100 ).

This last date would not be extended.  



UTV Software Comunications to Buy Balance Shares ?
UTV Software Communications Limited , a Walt Disney group company was  delisted .

Presently , the Promoters  The Walt Disney Company ( Southeast Asia ) Pte Limited hold 99 . 18 % of the equity.


An EGM has been convened for 27-08-12  to consider , inter - alia issue of 75 lakh  shares , on Preferential basis , to promoters @ Rs. 1090 per share.


 It appears the Company would also buy - back the remaining 0 : 82 % equity ( please recheck  )
 

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