Quint Digital Media’s board of directors has approved the binding Memorandum of Understanding (MOU) amongst Quintillion Media (QML), a wholly owned subsidiary of the Company and AMG Media Networks (AMG Media), a wholly owned subsidiary of Adani Enterprises, for the sale of remaining 51% stake held by QML in Quintillion Business Media (QBML) to AMG Media. The Board of Directors of the Company in their meeting held on August 14, 2023, considered and approved the same.
Quint Digital Media is primarily engaged in the business of running websites through web, digital or mobile media and which may include various information including current affairs, lifestyle, entertainment etc.
