Mitron TV aims to double its user base to 100 million over the next six months as the Indian short-video firm introduces new monetisation mechanisms for creators on the platform, a top company executive said. The company, which has completed one year of operations, had seen strong jump in user base after the Indian government last year banned a number of apps with Chinese links, including Mitron TV s rival TikTok. It s been a very exciting journey in the first year, we more than 50 million net installs (downloads) on the platform, organically. We started as a two-member team last year, now we have more than 55 members, Mitron TV co-founder and CEO Shivank Agarwal told PTI.
Read more about Hindustan Copper allots 4.18 cr equity shares under QIP issue on Business Standard. Pursuant to the allotment, the paid up share capital of the company has increased to Rs 483.51 crore comprising of 96,70,24,020 equity shares of Rs 5 each.
Welspun Corp has allotted 65,000 equity shares of Rs. 5 each fully paid-up upon exercise of Employee Stock Option.
The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company.
Post this allotment, the paid up equity share capital of the Company stand increased from Rs.1,304,421,975/- divided in to 260,884,395 equity shares of Rs. 5 each to Rs.1,304,746,975/- divided in to 260,949,395 equity shares of Rs. 5 each.
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Under rights issueRajapalayam Mills has allotted 12,29,360 Rights Equity Shares of face value of Rs 10 each at a price of Rs 569 per Rights Equity
Share including a share premium of Rs 559 per Rights Equity Share.
Consequent to the said allotment, the paid up equity shares capital of the Company has increased to 86,05,520 equity shares of Rs 10 each amounting to Rs 8.60 crore.
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to
At meeting held on 16 March 2021The Board of Autoline Industries at its meeting held on 16 March 2021 has approved raising of funds to the tune of Rs 28 crore by way of issue of 70 lakh equity shares of Rs 10 each at issue price of Rs 40 each on preferential basis.
The Board also approved raising of funds to the tune of Rs 4.5 crore by issue of upto 10 lakh convertible warrants having face value of Rs 10 each at issue price of Rs 45 per warrant on preferential basis to promoters of the company.
The Board approved the increase in authorised share capital from Rs 35 crore to 42 crore.