Top Story

e4m_logo.png

Home >> Media – Print >> Article

Jhunjhunwala picks up 5.28% in Mid-day

30-December-2004
Font Size   16
Share
Jhunjhunwala picks up 5.28% in Mid-day

High profile stock broker Rakesh Jhunjhunwala has picked up a 5.28 per cent stake in Mid-day Multimedia, the company which runs daily eveninger Mid Day in Mumbai, for Rs 11.26 crore.

In a notice to the stock exchanges, Mid-day Multimedia said Jhunjhunwala purchased 22.50 lakh shares in the company on Tuesday.

BSE data showed that Jhunjhunwala purchased the shares at an average price of Rs 50.07 a piece in a block deal.

According to the BSE data, sellers included Alok Agrawal (2.90 lakh shares), Khalid AH Ansari (4.50 lakh shares), Rukya Ansari (4.50 lakh shares), Shariq Ansari (4.50 lakh shares), Tariq Ansari (4.50 lakh shares) and Tehzeeb Grossman (4.50 lakh shares).

The Ansari family, promoters of the company, held a 68.91 per cent stake in the company as on September 30, 2004.

Alok Agrawal, on that date, held a 1.65 per cent stake.

In October 2004, the Bennet Coleman & Co, which publishes The Times of India and a clutch of other newspapers and magazines, had picked up a 6.15 per cent stake in the company.

Tags

Innovation and connecting with customers in all ways possible is their mantra for successful marketing communication

Bixler revealed that the likes of The Ministry of Tourism, The Art of Living and The Indian Debating Union have partnered with the festival that will be showcasing the culture and diversity of India

In conversation with exchange4media, Vighnesh Shahane, CEO, IDBI Federal Life Insurance, spoke about his vision for this new marketing initiative, how the brand’s marketing efforts through sports have helped them and his business goals for 2018

This agency was born after national brands reportedly struggled to connect with the south Indian audiences

The agency has been awarded the reins of the account in the aftermath of a competitive multi-agency pitch.

In an effort to make Indian roads safer for women scooter riders, leading tyre manufacturer CEAT has introduced the CEAT Safety Grip - a perfect combination of innovation and functionality

Partners with Mumbai Juniorthon as ‘Safety Travel Partner’