Sanguine Media Right Issue

Sanguine Media Rights issue has been approved by the board members, the company in an annoucement made to the stock exchanges has informed that in the board meeting of the company held on 10th December, 2007 the members have approved the Rights issue to raise an estimated Rs 30 crore. Sanguine Media Shares flared up 7 per cent to close at Rs. 32.30 on the BSE. Sanguine Media Rights issue price is not yet annouced by the company, do visit us for more updates on Rights issue Record date in Sanguine Media Limited.