IOL Netcom has informed that the board of directors through circular resolution re-appointed Siddhartha Sankar Bose as managing director of the company for further period of one year with effect from August 25, 2012.The above information is a part of company's filings submitted to BSE.

IOL Netcom is currently trading at Rs. 7.11, up by 0.18 points or 2.60% from its previous closing of Rs. 6.93 on the BSE.The scrip opened at Rs. 6.71 and has touched a high and low of Rs. 7.11 and Rs. 6.70 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 16.74 on 11-Nov-2010 and a 52 week low of Rs. 4.32 on 25-Aug-2011.Last one week high and low of the scrip stood at Rs. 8.15 and Rs. 6.70 respectively. The current market cap of the company is Rs. 18.96 crore.The promoters holding in the company stood at 2.29% while Institutions and Non-Institutions held 2.38% and 95.33% respectively.IOL Netcom has received an approval to raise fund through GDR / ADR / QIP / FCCB / ECB / OFCD and other debt instruments up to Rs 200 crore. The board at its meeting held on November 14, 2011 has approved for the same. Earlier in February this year, the company had received its board’s approval to raise up to Rs 100 crore through ADR or GDR or QIP or preferential issue.IOL Netcom, incorporated in 1985 offers services in areas of broadband, IPTV, video on demand, music on demand, eLearning, eCommerce, etc. It was the first company to launch the IPTV and VOD in India.

IOL Netcom is currently trading at Rs. 8.25, up by 0.18 points or 2.23% from its previous closing of Rs. 8.07 on the BSE.The scrip opened at Rs. 8.10 and has touched a high and low of Rs. 8.40 and Rs. 8.10 respectively. So far 3,629 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.25 on 12-Apr-2010 and a 52 week low of Rs. 7.55 on 10-Feb-2011.Last one week high and low of the scrip stood at Rs. 9.05 and Rs. 7.55 respectively. The current market cap of the company is Rs. 22.99 crore.The promoters holding in the company stood at 4.01% while Institutions and Non-Institutions held 3.32% and 92.67% respectively.IOL Netcom has received its board’s approval to raise up to Rs 100 crore through ADR or GDR or QIP or preferential issue. The board has authorized executive committee to take appropriate decisions from time to time for the aforesaid purpose. The approval was granted at its meeting held on February 14, 2011.IOL Netcom, incorporated in 1985 offers services in areas of broadband, IPTV, video on demand, music on demand, eLearning, eCommerce, etc. It was the first company to launch the IPTV and VOD in India.