Raj TV invests Rs 353 mn in content acquisition, films, studio

MUMBAI: Raj Television has so far invested a sum of Rs 353 million (Rs 35.30 crores) in acquisition of content, film production and the construction of its studio facilities.

The investment has also been utilized for strengthening its facilities, purchase of new equipment, up gradation of existing equipment and general corporate purpose.

Additionally, the balance from its IPO funds of Rs 528.10 million has been invested in fixed deposits with banks.

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