MoneyWorks4Me

DB Corp to sell 51% shares held by it in DPPPL

27 Jun 2013 Evaluate

DB Corp has decided to sell 51% shares held by the company in Divya Prabhat Publications (DPPPL). The company has taken this step as part of corporate restructuring. On completion of documentation, DPPPL will no longer remain a subsidiary of the company.

DB Corp is the only media conglomerate that enjoys a leadership position in multiple states, in multiple languages and is a dominant player in its all major markets. The company’s other business interests also span the radio segment through the brand - MY FM - radio station with presence in 7 states and 17 cities and a strong online presence in internet portals.

Peers
Company Name CMP
D.B. Corp 181.40
Jagran Prakashan 63.02
HT Media 24.60
Navneet Education 124.50
S Chand And Company 138.05
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