The promoters of Cyber Media (India) (CMIL) have offloaded 2 lakh shares of the company in open market on December 19 & 20 2017. The proceeds from the sale of shares will be ploughed back into the company by way of unsecured loans through promoters.
The company has debt in the books and due to the challenging times with regards to its flagship publishing business had issues of serviceability in the past. Earlier this year, it entered into restructuring cum settlement plan with respect to loans from one Bank thereby reducing overall liabilities. Further, the company is in advanced talks to settle with the other lender too and in an endeavor to raise resources to honor its financial commitments.
Cyber Media is the largest specialty media house in South Asia and amongst India’s top five magazine publishers. The main business activity of the company includes- Edutainment, Interactive Content, market research, Job Search, Publishing, Internet, Events, Content & Pub Services.
| Company Name | CMP |
|---|---|
| D.B. Corp | 214.40 |
| Navneet Education | 157.80 |
| Jagran Prakashan | 67.00 |
| HT Media | 23.96 |
| Hindustan Media Vent | 68.84 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: