HT Media has received an approval for incorporation of a wholly owned subsidiary company ‘HT Digital Ventures’ or such other name may be approved by Registrar of Companies/Central Registration Centre of MCA, to carry on digital marketing and content business. The board of directors at its meeting held on July 18, 2017 has approved for the same.
The board also approved the investment of up to Rs 9 crore in Suditi Industries, by way of subscription to its fully convertible debentures or share warrant or equity shares.
HT Media is engaged in printing and publishing of newspapers. The company’s segments include Printing & Publishing; Radio Broadcast & Entertainment, and Digital.
