HT Media Gets Board Nod to Invest Additional INR110 Million in Wholly-Owned Arm; Shares Up 4%

MT Newswires Live
02-04

HT Media (NSE:HTMEDIA, BOM:532662) has received board nod to invest up to 110 million Indian rupees in its wholly-owned subsidiary Mosaic Media Ventures, according to a Tuesday filing with the Indian bourses.

The company will acquire 54,428 equity shares at the price of 10 rupees per equity share at the face value of 10 rupees per equity share and a premium of 2,011 rupees per equity share.

The investment will be used by the subsidiary to further grow its business of gathering and distributing news, analysis and research for business, management, investors, and general public.

Shares of the company were up 4% in recent trade.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10