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Hindustan Media Ventures to invest Rs 4 crore in Aleph Digital Solutions

10 May 2019 Evaluate

Hindustan Media Ventures has received approval an investment upto Rs 4 crore in equity share capital of Aleph Digital Solutions. The company will make investment in two tranches of Rs 2 crore each, on or before March 31, 2020. The Board of directors of the company at its meeting held on May 9, 2019 has approved for the same.

Hindustan Media Ventures is one of the leading print media companies in India in terms of readership.

Peers
Company Name CMP
D.B. Corp 172.50
Jagran Prakashan 61.46
HT Media 22.33
Navneet Education 124.00
S Chand And Company 146.20
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