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HT Media to invest 3 million pounds in Koovs Plc

27 May 2016 Evaluate

HT Media has received an approval to invest up to GBP 3 million by acquiring 12 million equity shares of Koovs Plc. at 0.25 pounds each, subject to approval by Koovs plc. The board of directors at its meeting held on May 26, 2016 has approved for the same.

Koovs Plc and its subsidiary, Koovs Marketing Consulting operates a wholesale business supplying branded fashion products for sale exclusively on the Koovs.com website in India. By providing a range of products from credible international brands and designing exclusive fashion-forward products under the Koovs label, Koovs Plc intends to support the Koovs.com website in building the leading fashion website in India.

HT Media is one of India’s foremost media companies, and home to three leading newspapers in the country in the English, Hindi and Business news segments - ‘Hindustan Times’ (English daily), ‘Hindustan’ (Hindi daily, through a subsidiary) and ‘Mint’ (business daily).


HT Media Share Price

22.25 -0.15 (-0.67%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 231.40
Navneet Education 148.10
Jagran Prakashan 67.29
HT Media 22.25
Hindustan Media Vent 66.32
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