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DB Corp concludes sale of 51% shares held by it in DPPPL

02 Jul 2013 Evaluate

DB Corp has concluded the sale of 51% shares held by the company in Divya Prabhat Publications (DPPPL). Pursuant to this, DPPPL has ceased to be a subsidiary of the company with effect from June 30, 2013. Earlier, the company as part of corporate restructuring had decided to sell 51% shares held by the it in DPPPL.

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.

D.B. Corp Share Price

208.30 -2.25 (-1.07%)
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Company Name CMP
D.B. Corp 208.30
Navneet Education 133.75
Jagran Prakashan 67.87
HT Media 22.56
Hindustan Media Vent 68.07
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