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Diligent Media Corporation informs about update on business operations

10 Oct 2019 Evaluate

Diligent Media Corporation has informed that with effect from October 10, 2019 the Company shall cease to carry the print pUblication of all editions of its English Daily Newspaper called 'DNA'. Till now, the DNA Newspaper was being published from Mumbai & Ahmedabad. The Company shall, however, continue to concentrate on publication through its digital platform 'dnaindia.com' completely. The decision to cease print publication is in view of the fact that currently consumers are preferring and adopting the digital form of news consumption and the current restructuring will help in minimizing the losses.

The above information is a part of company’s filings submitted to BSE.

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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