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Cyber Media enters into One Time Settlement with KMBL

01 Jan 2018 Evaluate

Cyber Media (India) has entered into One Time Settlement (OTS) with Kotak Mahindra Bank (KMBL) on December 29, 2017 against the term loan borrowed by the company from KMBL.

The OTS is for settling company’s dues for a consolidated agreed amount of Rs 7.50 crore payable by January 31, 2018 without interest and charges.  Out of which an amount of Rs 1.00 crore has been paid on December 29, 2017 and the balance amount of Rs 6.50 crore shall be paid by January 31, 2018.

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.


Cyber Media (I) Share Price

18.66 3.11 (20.00%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 212.55
Navneet Education 151.25
Jagran Prakashan 65.92
HT Media 22.91
Hindustan Media Vent 67.25
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