ITV

Tag: Intelivision Ltd

  • Pentamedia arm gets license for earth station

    Pentamedia arm gets license for earth station

    MUMBAI: The wholly-owned subsidiary of Pentamedia Graphics, Intelivision Ltd has received a license from the information and broadcasting ministry to set up its own earth station.

    Pentamedia Graphics chairman Dr V Chandrasekaran has been quoted in The Hindu Business Line, saying that beside the earth station the company has also obtained a teleport license for uplinking five channels by hiring transponder space.

    According to the media report, Chandrasekhran volunteered the information at a press conference announcing a new line up of programming on the company’s channel Splash.

    The teleport will be up and running by the end of the year. The channel is currently being web cast on Numtv.com, a web casting portal.

  • Pentamedia board okays equity issue

    Pentamedia board okays equity issue

    MUMBAI: The Pentamedia Graphics board, in its meeting on 12 September 2003, has approved the issue and allotment of equity shares of Rs 10 each at a premium of Rs 1.36 per share.

    The board has agreed to convert the share warrants into equity share certificates within 18 months from the date of allotment on preferential basis.

    Pentamedia, which has been in the news since 2001 for a merger here and a de-merger there, recently approved the acquisition of Intelivision Ltd by stock swap method.

    The scrip has been moving in the Rs 10.30 to Rs 12.00 range in the past week and stripped three per cent on volumes of over 23.5 lakhs in yesterday’s plunging market.