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Adani Enterprises’ arm to acquire remaining 51% stake in QBML

02 Nov 2023 Evaluate

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.

Adani Enterprises Share Price

2218.35 13.35 (0.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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