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Sanguine Media Ltd. Company History and Annual Growth Details

1995 - Sanguine Media Ltd was incorporated on 14th September 1995 and is engaged in the production and marketing of media, event management and music.

2003 - The company got its current name.

2006 - The company had planned to issue preferential shares or share warrants on a private placement basis including promoters.

- The board of the company had approved and allotted 4.70 lakh equity shares to Godavari Ads, which was already approved by shareholders in the EGM held on October 07, 2006.

2007 - The company had acquired Godavari Ads, dealing in media promotion activities had enabled the company to offer one-stop solutions to clients.

- Board of directors of the company on 7th December 2007, had considered to raise capital to the tune of Rs 30 crore through further issue of equity shares.

- They also had accepted the resignation of Director Mr. B Aravind.

- The company had forayed into production of a series of television software content in southern regional languages on human health care, social awareness and harnessing of green revolution.

2008 - Company has initiated a new division 'PURPLE TIES', Purple signifies royalty, creativity, luxury and nobility.

-The company has issued rights in the ratio of 1:1 at a premium of Rs.13/- Per Share.
 
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