The share allotment committee of Deccan Chronicle Holdings at its meeting held on Jun. 08, 2007, converted 1,300 FCCB`s and allotted 541,410 equity shares of Rs 2.00 each.
The above mentioned shares have been allotted to Swiss Finance Corp (Mauritius), Worli, Mumbai. The company is holding 1,300 number of bonds.
Deccan Chronicle Holdings incorporated in 2002, publishes an English Daily known as `Deccan Chronicle` and a Telugu Daily by the name and title `Andhra Bhoomi`. The former is a leader among English newspapers in the Andhra and publishes weekly and monthly editions of Andhra Bhoomi. It is the fourth largest circulated and read English daily in India.
Source : Myiris