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Sandesh acquires equity shares of Sandesh Digital

23 Sep 2015 Evaluate

Sandesh has acquired the equity shares of Rs 10 each of Sandesh Digital and as a result Sandesh Digital has become a wholly owned subsidiary of the company. The company had earlier on September 16, 2015 proposed to acquire equity shares of Rs 10 each of Sandesh Digital.

Sandesh is engaged in the editing, printing and publishing newspapers and periodicals. The company is a publisher of ‘Sandesh’ a Gujarati daily newspaper in Gujarat Region.


Peers
Company Name CMP
D.B. Corp 147.05
Jagran Prakashan 64.37
HT Media 23.91
Navneet Education 126.85
S Chand And Company 133.25
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