Adani Enterprises’ wholly owned subsidiary -- AMG Media Networks (AMNL), Quintillion Media (QML), Quint Digital (QDL) and Quintillion Business Media (QBML) have executed a Share Purchase Agreement for the acquisition of remaining 51% stake in QBML. AMNL is already holding 49% stake of QBML.
Acquisition of remaining 51% equity shares of QBML by AMNL from QML. Post acquisition of 51% stake, QBML will become a wholly-owned subsidiary of AMNL.
Adani Enterprises is the flagship company of Adani Group, one of India’s largest business organisations.
