|
| Exchange Disseminated Time | Network 18 Media & Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 21, 2013, have accorded its approval to evaluate opportunities and sell/divest its undertaking comprising of Business Directories viz. 'Yellow Pages' and 'ASK Me' in line with Company's stated objective of monetizing non-core assets profitably.
Accordingly, as required under Section 293 (l)(a) of the Companies Act, 1956, the Board of Directors of the Company will seek the approval of the Members for aforesaid divestment by way of a postal ballot. |
|
|