Adani Enterprises incorporates wholly-owned arm for media related biz

Adani Enterprises incorporates wholly-owned arm for media related biz

The wholly-owned subsidiary (WOS) will start its business operations in due course

AgenciesUpdated: Wednesday, April 27, 2022, 06:44 PM IST
article-image
AEL, a flagship company of Adani Group, is one of the country's leading business houses. / Representative image |

Adani Enterprises Ltd (AEL) on Wednesday announced incorporation of its subsidiary AMG Media Networks.

The wholly-owned subsidiary (WOS) will start its business operations in due course.

''The company has incorporated a WOS namely, AMG Media Networks Limited on 26th April, 2022, with an initial authorized and paid-up share capital of Rs 1,00,000 each to carry on the business of media related activities, including...publishing, advertising, broadcasting, distributing etc. of content over different types of media networks,'' AEL said in a filing to BSE.

AEL, a flagship company of Adani Group, is one of the country's leading business houses.

(With inputs from PTI)

RECENT STORIES

Pre-IPO Funding: Amansa Investments Invests ₹250 Crore In Pharma Formulation Firm Rubicon Research...

Pre-IPO Funding: Amansa Investments Invests ₹250 Crore In Pharma Formulation Firm Rubicon Research...

Wholesale Price Inflation In Negative Territory, Prices Of Food Articles & Fuel See Deflation

Wholesale Price Inflation In Negative Territory, Prices Of Food Articles & Fuel See Deflation

Trump’s Tariffs Spark India-China Rethink, Trade Talks Likely Amid Shifting Global Dynamics

Trump’s Tariffs Spark India-China Rethink, Trade Talks Likely Amid Shifting Global Dynamics

President Trump’s 50% Tariff On India Will Impact $65 Billion Worth Of Merchandise Exports To The...

President Trump’s 50% Tariff On India Will Impact $65 Billion Worth Of Merchandise Exports To The...

All Time Plastics Makes Strong Market Debut, Know- What Drove The 14% Surge In Listing Gains?

All Time Plastics Makes Strong Market Debut, Know- What Drove The 14% Surge In Listing Gains?